Redefined Fashion Holding ApS

CVR number: 40598170
Nygade 111, 7430 Ikast

Credit rating

Company information

Official name
Redefined Fashion Holding ApS
Established
2019
Company form
Private limited company
Industry
  • Expand more icon64Financial service activities, except insurance and pension funding

About Redefined Fashion Holding ApS

Redefined Fashion Holding ApS (CVR number: 40598170) is a company from IKAST-BRANDE. The company recorded a gross profit of -65 kDKK in 2023. The operating profit was -65 kDKK, while net earnings were 1096 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.1 %, which can be considered good but Return on Equity (ROE) was 565.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at -99.5 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Redefined Fashion Holding ApS's liquidity measured by quick ratio was 0 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit-6.88-9.07-10.94-52.87-65.04
EBIT-6.88-9.07-10.94-52.87-65.04
Net earnings-1 498.521 669.15-49.47-21 169.981 095.98
Shareholders equity total2 612.654 171.894 958.16-17 837.36-15 783.50
Balance sheet total (assets)7 409.9113 061.3513 317.13312.4275.00
Net debt4 189.078 884.468 349.988 667.268 746.31
Profitability
EBIT-%
ROA-18.2 %19.1 %5.4 %-129.6 %10.1 %
ROE-41.6 %49.2 %-1.1 %-803.3 %565.8 %
ROI-19.1 %19.7 %5.4 %-129.8 %10.2 %
Economic value added (EVA)153.44252.93350.95288.14839.45
Solvency
Equity ratio35.3 %31.9 %37.2 %-98.3 %-99.5 %
Gearing160.3 %213.0 %168.5 %-48.6 %-55.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.00.00.00.0
Current ratio0.00.00.00.00.0
Cash and cash equivalents0.013.412.41
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBC

Variable visualization

ROA:10.1%
Rating: 58/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-99.5%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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