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 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -5 905.27 | -2 304.51 | -1 169.03 | 9 941.59 | 14 177.31 |
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 total | 2 974.22 | 23 738.60 | 16 729.26 | 9 438.38 | 31 892.53 |
Balance sheet total (assets) | 10 537.05 | 25 043.49 | 33 513.13 | 51 315.88 | 75 062.13 |
Net debt | -4 507.64 | -6 789.23 | -1 717.17 | -1 231.50 | 5 409.00 |
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 ratio | 75.2 % | 94.8 % | 49.9 % | 18.4 % | 42.5 % |
Gearing | 0.3 % | 1.0 % | 1.6 % | 0.7 % | 19.2 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 6.8 | 7.3 | 0.5 | 0.5 | 0.6 |
Current ratio | 0.8 | 7.3 | 0.5 | 0.5 | 0.6 |
Cash and cash equivalents | 4 516.50 | 7 023.56 | 1 984.62 | 1 296.75 | 699.03 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BBB | BBB | BBB | BBB |
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