Reform Group Holding ApS — Credit Rating and Financial Key Figures

CVR number: 38262416
Otto Busses Vej 9, 2450 København SV

Credit rating

Company information

Official name
Reform Group Holding ApS
Personnel
25 persons
Established
2016
Company form
Private limited company
Industry
  • Expand more icon70Activities of head offices; management consultancy activities

About Reform Group Holding ApS

Reform Group Holding ApS (CVR number: 38262416K) is a company from KØBENHAVN. The company recorded a gross profit of 37.3 mDKK in 2023. The operating profit was -55.3 mDKK, while net earnings were -56.8 mDKK. The profitability of the company measured by Return on Assets (ROA) was -33.2 %, which can be considered poor and Return on Equity (ROE) was -172 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 15.7 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Reform Group Holding ApS's liquidity measured by quick ratio was 1.5 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
Volume
Net sales
Gross profit20 936.7822 855.8323 921.1237 338.33
EBIT-13 873.88-51 199.58-72 718.98-55 325.01
Net earnings-13 799.43-54 228.54-76 345.27-56 750.53
Shareholders equity total6 216.86-48 607.9754 932.2111 075.21
Balance sheet total (assets)56 379.78108 555.46185 368.50140 430.02
Net debt-29 396.6024 575.84-63 444.57-18 684.86
Profitability
EBIT-%
ROA-24.2 %-47.5 %-42.4 %-33.2 %
ROE-222.0 %-94.5 %-93.4 %-172.0 %
ROI-177.3 %-180.6 %-114.2 %-94.0 %
Economic value added (EVA)-12 616.11-50 453.40-70 433.84-55 175.81
Solvency
Equity ratio19.6 %-54.1 %45.2 %15.7 %
Gearing23.7 %-99.7 %43.5 %227.3 %
Relative net indebtedness %
Liquidity
Quick ratio1.80.62.31.5
Current ratio1.00.61.40.9
Cash and cash equivalents30 869.3223 864.6987 357.3843 862.47
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:-33.2%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:15.7%
Rating: 15/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Board member
Chief executive officer

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