RE ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About RE ApS
RE ApS (CVR number: 30205731) is a company from KØBENHAVN. The company reported a net sales of 4.4 mDKK in 2023, demonstrating a growth of 43.7 % compared to the previous year. The operating profit percentage was at 24.4 % (EBIT: 1.1 mDKK), while net earnings were 842 kDKK. The profitability of the company measured by Return on Assets (ROA) was 72.4 %, which can be considered excellent and Return on Equity (ROE) was 126.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 57.3 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. RE ApS's liquidity measured by quick ratio was 1.9 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 2 276.20 | 2 158.07 | 2 376.10 | 3 070.72 | 4 412.12 |
Gross profit | 1 470.27 | 1 440.97 | 1 351.87 | 1 823.68 | 2 553.07 |
EBIT | 269.61 | 407.02 | 2.09 | 352.46 | 1 078.34 |
Net earnings | 204.33 | 314.87 | 0.08 | 235.43 | 842.03 |
Shareholders equity total | 329.33 | 439.87 | 125.08 | 360.43 | 967.03 |
Balance sheet total (assets) | 753.05 | 1 427.65 | 944.33 | 1 302.88 | 1 687.45 |
Net debt | -13.18 | - 124.89 | - 123.20 | - 256.77 | - 641.36 |
Profitability | |||||
EBIT-% | 11.8 % | 18.9 % | 0.1 % | 11.5 % | 24.4 % |
ROA | 26.9 % | 37.3 % | 0.2 % | 31.4 % | 72.4 % |
ROE | 61.2 % | 81.9 % | 0.0 % | 97.0 % | 126.9 % |
ROI | 76.3 % | 100.7 % | 0.7 % | 145.4 % | 163.0 % |
Economic value added (EVA) | 200.76 | 300.77 | -13.74 | 273.95 | 835.48 |
Solvency | |||||
Equity ratio | 43.7 % | 30.8 % | 13.2 % | 27.7 % | 57.3 % |
Gearing | |||||
Relative net indebtedness % | 18.0 % | 40.0 % | 29.3 % | 22.3 % | 1.8 % |
Liquidity | |||||
Quick ratio | 1.4 | 1.2 | 0.8 | 1.1 | 1.9 |
Current ratio | 1.4 | 1.2 | 0.8 | 1.1 | 1.9 |
Cash and cash equivalents | 13.18 | 124.89 | 123.20 | 256.77 | 641.36 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 80.3 | 168.8 | 78.1 | 88.6 | 57.0 |
Net working capital % | 7.3 % | 8.0 % | -6.0 % | 3.0 % | 14.8 % |
Credit risk | |||||
Credit rating | B | BB | BB | BB | BB |
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