Reflective Technologies ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Reflective Technologies ApS
Reflective Technologies ApS (CVR number: 38854992) is a company from AARHUS. The company recorded a gross profit of 13.9 mDKK in 2024. The operating profit was -4359.2 kDKK, while net earnings were -16.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was -13.2 %, which can be considered poor and Return on Equity (ROE) was -67.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 26.1 %, 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. Reflective Technologies 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -2 304.51 | -1 169.03 | 9 941.59 | 13 825.53 | 13 887.38 |
EBIT | -5 944.79 | -8 471.90 | -4 374.47 | -2 859.67 | -4 359.18 |
Net earnings | -5 874.04 | -7 009.34 | -7 290.89 | -15 095.65 | -16 137.35 |
Shareholders equity total | 23 738.60 | 16 729.26 | 9 438.38 | 31 892.53 | 15 725.92 |
Balance sheet total (assets) | 25 043.49 | 33 513.13 | 51 315.88 | 75 062.13 | 60 299.86 |
Net debt | -6 789.23 | -1 717.17 | -1 231.50 | 5 409.00 | 10 861.99 |
Profitability | |||||
EBIT-% | |||||
ROA | -32.8 % | -26.8 % | -9.1 % | -15.6 % | -13.2 % |
ROE | -44.0 % | -34.6 % | -55.7 % | -73.0 % | -67.8 % |
ROI | -43.3 % | -38.3 % | -30.6 % | -41.4 % | -24.9 % |
Economic value added (EVA) | -5 271.50 | -8 629.83 | -5 150.71 | -3 318.80 | -6 145.99 |
Solvency | |||||
Equity ratio | 94.8 % | 49.9 % | 18.4 % | 42.5 % | 26.1 % |
Gearing | 1.0 % | 1.6 % | 0.7 % | 19.2 % | 115.6 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 7.3 | 0.5 | 0.5 | 0.6 | 1.3 |
Current ratio | 7.3 | 0.5 | 0.5 | 0.6 | 1.3 |
Cash and cash equivalents | 7 023.56 | 1 984.62 | 1 296.75 | 699.03 | 7 314.47 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BB | BBB | BBB | BBB |
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