REinvent Accounting ApS — Credit Rating and Financial Key Figures

CVR number: 39587688
Wilders Plads 8 A, 1403 København K
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Company information

Official name
REinvent Accounting ApS
Personnel
1 person
Established
2018
Company form
Private limited company
Industry

About REinvent Accounting ApS

REinvent Accounting ApS (CVR number: 39587688) is a company from KØBENHAVN. The company recorded a gross profit of -30.5 kDKK in 2024. The operating profit was -30.8 kDKK, while net earnings were -26.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -11.3 %, which can be considered poor and Return on Equity (ROE) was -56 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 22.7 %, 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. REinvent Accounting ApS's liquidity measured by quick ratio was 1.3 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
2024
Volume
Net sales
Gross profit-6.00-6.50-7.30278.59-30.48
EBIT-6.00-6.50-7.3079.89-30.77
Net earnings-4.69-5.15-5.6251.96-26.49
Shareholders equity total17.8912.748.5760.5334.04
Balance sheet total (assets)23.8927.9414.59393.53149.90
Net debt-2.03-8.23-10.09224.0119.26
Profitability
EBIT-%
ROA-22.9 %-25.1 %-34.3 %39.2 %-11.3 %
ROE-23.2 %-33.6 %-52.7 %150.4 %-56.0 %
ROI-29.7 %-32.6 %-47.8 %42.0 %-12.5 %
Economic value added (EVA)-5.81-5.97-6.8061.90-44.10
Solvency
Equity ratio74.9 %45.6 %58.8 %15.4 %22.7 %
Gearing72.1 %0.2 %515.0 %245.4 %
Relative net indebtedness %
Liquidity
Quick ratio4.04.72.41.21.3
Current ratio4.04.72.41.21.3
Cash and cash equivalents2.0317.4310.1087.7664.28
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:-11.3%
Rating: 9/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:22.7%
Rating: 21/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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