REFC APARTMENTS ApS — Credit Rating and Financial Key Figures

CVR number: 36448725
Teglholmsgade 64 A, 2450 København SV
rec@mailreal.dk
tel: 29270200

Credit rating

Company information

Official name
REFC APARTMENTS ApS
Established
2014
Company form
Private limited company
Industry

About REFC APARTMENTS ApS

REFC APARTMENTS ApS (CVR number: 36448725) is a company from KØBENHAVN. The company recorded a gross profit of -65.7 kDKK in 2023. The operating profit was -159.4 kDKK, while net earnings were -1765.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.7 %, which can be considered weak but Return on Equity (ROE) was -15.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -4.4 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. REFC APARTMENTS ApS's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit23.95440.50843.05260.57-65.67
EBIT-15.20418.30794.65199.84- 159.43
Net earnings388.64197.47655.91- 170.63-1 765.14
Shareholders equity total297.75495.221 151.13866.10-1 016.84
Balance sheet total (assets)5 615.654 336.4511 501.3516 475.9022 263.17
Net debt71.731 896.937 920.6614 945.5422 937.95
Profitability
EBIT-%
ROA11.7 %8.4 %13.2 %7.7 %0.7 %
ROE27.0 %49.8 %79.7 %-16.9 %-15.3 %
ROI15.6 %8.7 %13.6 %2.7 %-2.3 %
Economic value added (EVA)0.46307.76678.48260.68- 194.01
Solvency
Equity ratio5.3 %11.4 %10.0 %5.3 %-4.4 %
Gearing56.3 %727.6 %866.0 %1738.1 %-2274.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.70.50.30.10.0
Current ratio0.70.50.30.10.0
Cash and cash equivalents96.041 706.232 048.45108.02188.97
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAABBB

Variable visualization

ROA:0.67%
Rating: 23/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-4.37%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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