REMA 1000 DANMARK A/S — Credit Rating and Financial Key Figures

CVR number: 17741519
Marsalle 32, 8700 Horsens
kontakt@rema1000.dk
tel: 88816000
www.rema1000.dk

Credit rating

Company information

Official name
REMA 1000 DANMARK A/S
Personnel
458 persons
Established
1944
Company form
Limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About REMA 1000 DANMARK A/S

REMA 1000 DANMARK A/S (CVR number: 17741519) is a company from HORSENS. The company reported a net sales of 1746.2 mDKK in 2023, demonstrating a growth of 9.8 % compared to the previous year. The operating profit percentage was at 29.6 % (EBIT: 517.6 mDKK), while net earnings were 462.8 mDKK. The profitability of the company measured by Return on Assets (ROA) was 15.5 %, which can be considered excellent and Return on Equity (ROE) was 17.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 69.8 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. REMA 1000 DANMARK A/S's liquidity measured by quick ratio was 2.3 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

Financial information

See financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales1 291.851 437.501 445.221 589.941 746.17
Gross profit597.72703.60680.88790.16854.62
EBIT376.09470.89444.94540.47517.63
Net earnings421.64735.43462.40619.85462.83
Shareholders equity total2 254.742 340.172 402.572 622.422 585.25
Balance sheet total (assets)3 136.585 077.254 260.604 331.293 703.38
Net debt657.652 490.631 580.451 443.76630.87
Profitability
EBIT-%29.1 %32.8 %30.8 %34.0 %29.6 %
ROA16.6 %20.7 %12.6 %17.9 %15.5 %
ROE19.7 %32.0 %19.5 %24.7 %17.8 %
ROI17.4 %21.6 %13.2 %18.8 %16.9 %
Economic value added (EVA)277.10353.43321.30396.17366.23
Solvency
Equity ratio71.9 %46.1 %56.4 %60.5 %69.8 %
Gearing29.2 %106.5 %65.9 %55.1 %24.4 %
Relative net indebtedness %63.1 %186.2 %124.6 %104.0 %61.2 %
Liquidity
Quick ratio0.90.91.61.92.3
Current ratio0.90.91.61.92.4
Cash and cash equivalents0.801.852.080.040.04
Capital use efficiency
Trade debtors turnover (days)45.141.141.240.843.7
Net working capital %-7.1 %-27.3 %76.2 %89.8 %84.7 %
Credit risk
Credit ratingAAAAAAAAAAAAA

Variable visualization

ROA:15.5%
Rating: 67/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:69.8%
Rating: 53/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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