Recycled Fitness ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Recycled Fitness ApS
Recycled Fitness ApS (CVR number: 37847593) is a company from Høje-Taastrup. The company recorded a gross profit of -995.3 kDKK in 2023. The operating profit was -996.9 kDKK, while net earnings were -444.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -70.4 %, which can be considered poor and Return on Equity (ROE) was -53.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -34.5 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Recycled Fitness ApS's liquidity measured by quick ratio was 0.5 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 | - 173.66 | 578.70 | - 971.57 | -34.43 | - 995.32 |
EBIT | -1 643.34 | 163.96 | -1 314.22 | -19.41 | - 996.90 |
Net earnings | -1 727.56 | -7.81 | -1 126.70 | 10.63 | - 444.47 |
Shareholders equity total | -2 376.14 | -2 383.95 | - 390.98 | - 380.35 | - 824.82 |
Balance sheet total (assets) | 4 725.47 | 5 143.56 | 454.04 | 49.03 | 1 516.27 |
Net debt | 6 904.04 | 5 807.19 | -1.55 | 370.69 | 2 236.61 |
Profitability | |||||
EBIT-% | |||||
ROA | -23.2 % | 2.2 % | -31.4 % | -1.5 % | -70.4 % |
ROE | -31.0 % | -0.2 % | -39.9 % | 3.6 % | -53.6 % |
ROI | -24.4 % | 2.6 % | -44.5 % | -4.1 % | -71.9 % |
Economic value added (EVA) | -1 606.44 | 274.04 | - 905.79 | 5.97 | - 688.62 |
Solvency | |||||
Equity ratio | -33.5 % | -31.7 % | -44.0 % | -80.1 % | -34.5 % |
Gearing | -291.6 % | -243.8 % | -0.1 % | -97.8 % | -272.8 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.1 | 0.2 | 0.6 | 0.1 | 0.5 |
Current ratio | 0.7 | 0.7 | 0.6 | 0.1 | 0.7 |
Cash and cash equivalents | 23.84 | 4.36 | 2.08 | 1.44 | 13.40 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BBB | B | B | BB |
Variable visualization
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