REEDOMUS ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About REEDOMUS ApS
REEDOMUS ApS (CVR number: 63366919) is a company from RØDOVRE. The company recorded a gross profit of 7656.9 kDKK in 2023. The operating profit was 2960.1 kDKK, while net earnings were -818.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.6 %, which can be considered weak but Return on Equity (ROE) was -1.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 28.9 %, 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. REEDOMUS ApS's liquidity measured by quick ratio was 0.5 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 2 658.58 | 2 395.03 | 6 650.68 | 7 251.53 | 7 656.88 |
EBIT | -60.15 | - 413.91 | 2 032.46 | 2 592.06 | 2 960.07 |
Net earnings | - 415.06 | -1 268.87 | - 657.00 | -54.81 | - 818.88 |
Shareholders equity total | 54 149.04 | 52 880.16 | 52 223.16 | 52 168.35 | 51 349.47 |
Balance sheet total (assets) | 87 039.28 | 189 462.96 | 185 232.12 | 182 532.05 | 178 139.41 |
Net debt | 26 319.94 | 126 604.96 | 123 198.72 | 119 834.41 | 118 238.65 |
Profitability | |||||
EBIT-% | |||||
ROA | -0.1 % | -0.3 % | 1.1 % | 1.4 % | 1.6 % |
ROE | -0.8 % | -2.4 % | -1.3 % | -0.1 % | -1.6 % |
ROI | -0.1 % | -0.3 % | 1.1 % | 1.4 % | 1.7 % |
Economic value added (EVA) | -3 155.67 | -3 376.52 | -4 405.33 | -3 046.09 | -2 854.85 |
Solvency | |||||
Equity ratio | 62.3 % | 27.9 % | 28.2 % | 28.6 % | 28.9 % |
Gearing | 49.4 % | 240.0 % | 236.1 % | 230.8 % | 230.4 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.8 | 0.9 | 0.4 | 0.5 | 0.5 |
Current ratio | 1.7 | 0.8 | 0.4 | 0.5 | 0.4 |
Cash and cash equivalents | 408.53 | 291.20 | 117.33 | 582.04 | 61.03 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | BBB | A | A | A |
Variable visualization
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