RECYKEL ApS — Credit Rating and Financial Key Figures

CVR number: 31413389
Tesdorpfsvej 31 B, 2000 Frederiksberg

Credit rating

Company information

Official name
RECYKEL ApS
Established
2008
Company form
Private limited company
Industry
  • Expand more icon47Retail trade, except of motor vehicles and motorcycles

About RECYKEL ApS

RECYKEL ApS (CVR number: 31413389) is a company from FREDERIKSBERG. The company recorded a gross profit of 82.4 kDKK in 2023. The operating profit was 82.4 kDKK, while net earnings were 26.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.7 %, which can be considered decent and Return on Equity (ROE) was 6.1 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 30.7 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. RECYKEL ApS's liquidity measured by quick ratio was 2.2 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales114.00114.00
Gross profit79.5478.1737.7733.8282.42
EBIT79.5478.1737.7733.8282.42
Net earnings-28.163.890.63-28.6426.58
Shareholders equity total229.80454.83452.29423.66450.24
Balance sheet total (assets)1 274.801 490.261 490.511 438.501 465.09
Net debt1 060.961 035.431 038.22972.78938.51
Profitability
EBIT-%69.8 %68.6 %
ROA6.5 %5.7 %2.5 %2.3 %5.7 %
ROE-15.4 %1.1 %0.1 %-6.5 %6.1 %
ROI6.5 %5.6 %2.5 %2.3 %5.7 %
Economic value added (EVA)19.8619.56-25.34-50.4842.13
Solvency
Equity ratio18.0 %30.5 %30.3 %29.5 %30.7 %
Gearing461.9 %227.7 %229.5 %232.8 %219.1 %
Relative net indebtedness %916.3 %908.3 %
Liquidity
Quick ratio12.33.06.01.52.2
Current ratio12.33.06.01.52.2
Cash and cash equivalents0.3613.5647.84
Capital use efficiency
Trade debtors turnover (days)
Net working capital %39.6 %28.1 %
Credit risk
Credit ratingBBBABBBBBBBBB

Variable visualization

ROA:5.68%
Rating: 45/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:30.7%
Rating: 27/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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