Reflective Technologies ApS — Credit Rating and Financial Key Figures

CVR number: 38854992
True Møllevej 7 B, True 8381 Tilst
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Credit rating

Company information

Official name
Reflective Technologies ApS
Personnel
1 person
Established
2017
Domicile
True
Company form
Private limited company
Industry

About Reflective Technologies ApS

Reflective Technologies ApS (CVR number: 38854992) is a company from AARHUS. The company recorded a gross profit of 14.2 mDKK in 2023. The operating profit was -2868.2 kDKK, while net earnings were -15.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was -16.6 %, which can be considered poor and Return on Equity (ROE) was -73 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 42.5 %, 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. Reflective Technologies ApS's liquidity measured by quick ratio was 0.6 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-5 905.27-2 304.51-1 169.039 941.5914 177.31
EBIT-7 276.89-5 944.79-8 471.90-4 374.47-2 868.22
Net earnings-7 342.08-5 874.04-7 009.34-7 290.89-15 095.65
Shareholders equity total2 974.2223 738.6016 729.269 438.3831 892.53
Balance sheet total (assets)10 537.0525 043.4933 513.1351 315.8875 062.13
Net debt-4 507.64-6 789.23-1 717.17-1 231.505 409.00
Profitability
EBIT-%
ROA-94.9 %-32.8 %-26.8 %-9.1 %-16.6 %
ROE-220.5 %-44.0 %-34.6 %-55.7 %-73.0 %
ROI-218.2 %-43.3 %-38.3 %-30.6 %-44.3 %
Economic value added (EVA)-7 295.77-4 963.24-8 009.80-4 570.95-2 747.22
Solvency
Equity ratio75.2 %94.8 %49.9 %18.4 %42.5 %
Gearing0.3 %1.0 %1.6 %0.7 %19.2 %
Relative net indebtedness %
Liquidity
Quick ratio6.87.30.50.50.6
Current ratio0.87.30.50.50.6
Cash and cash equivalents4 516.507 023.561 984.621 296.75699.03
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:-16.6%
Rating: 3/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:42.5%
Rating: 35/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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