Reframe Nordic ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Reframe Nordic ApS
Reframe Nordic ApS (CVR number: 41091304) is a company from LYNGBY-TAARBÆK. The company recorded a gross profit of 0 kDKK in 2023. The operating profit was 2.5 kDKK, while net earnings were 32.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.7 %, which can be considered weak but Return on Equity (ROE) was 42.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 51.5 %, 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. Reframe Nordic ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|
Volume | ||||
Net sales | ||||
Gross profit | ||||
EBIT | 131.45 | 210.35 | -18.54 | 2.53 |
Net earnings | 123.71 | 161.71 | -15.70 | 32.38 |
Shareholders equity total | 163.71 | 217.63 | 59.73 | 92.11 |
Balance sheet total (assets) | 202.57 | 405.67 | 124.78 | 179.00 |
Net debt | - 202.57 | - 226.40 | -21.36 | -42.99 |
Profitability | ||||
EBIT-% | ||||
ROA | 64.9 % | 69.2 % | -7.0 % | 1.7 % |
ROE | 75.6 % | 84.8 % | -11.3 % | 42.7 % |
ROI | 80.3 % | 92.3 % | -9.7 % | 2.6 % |
Economic value added (EVA) | 124.71 | 166.16 | -10.57 | 2.15 |
Solvency | ||||
Equity ratio | 80.8 % | 53.6 % | 47.9 % | 51.5 % |
Gearing | 34.3 % | 51.4 % | 17.4 % | |
Relative net indebtedness % | ||||
Liquidity | ||||
Quick ratio | 5.2 | 2.2 | 1.9 | 0.7 |
Current ratio | 5.2 | 2.2 | 1.9 | 0.7 |
Cash and cash equivalents | 202.57 | 300.97 | 52.05 | 59.00 |
Capital use efficiency | ||||
Trade debtors turnover (days) | ||||
Net working capital % | ||||
Credit risk | ||||
Credit rating | B | BB | BB | BB |
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