RELIANCE A/S — Credit Rating and Financial Key Figures

CVR number: 29145229
Nørre Søgade 23, 1370 København K
www.reliance.dk

Credit rating

Company information

Official name
RELIANCE A/S
Personnel
1 person
Established
2005
Company form
Limited company
Industry
  • Expand more icon733000

About RELIANCE A/S

RELIANCE A/S (CVR number: 29145229) is a company from KØBENHAVN. The company recorded a gross profit of 1132.8 kDKK in 2024. The operating profit was 495.2 kDKK, while net earnings were 387.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 22 %, which can be considered excellent and Return on Equity (ROE) was 20.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 87.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. RELIANCE A/S's liquidity measured by quick ratio was 8.1 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit2 405.484 287.472 456.252 237.431 132.78
EBIT1 828.273 697.601 857.871 621.73495.20
Net earnings2 007.433 414.671 440.911 240.21387.10
Shareholders equity total3 678.944 418.612 459.532 299.731 446.84
Balance sheet total (assets)3 896.295 445.833 742.042 948.991 651.47
Net debt-1 906.78-6.91-2 149.29-2 158.61-1 407.15
Profitability
EBIT-%
ROA87.4 %93.9 %40.5 %48.5 %22.0 %
ROE75.0 %84.3 %41.9 %52.1 %20.7 %
ROI96.7 %108.4 %47.5 %54.6 %25.4 %
Economic value added (EVA)1 399.192 790.761 220.211 290.59384.22
Solvency
Equity ratio94.4 %81.1 %65.7 %78.0 %87.6 %
Gearing38.5 %10.1 %
Relative net indebtedness %
Liquidity
Quick ratio17.95.32.94.58.1
Current ratio17.95.32.94.58.1
Cash and cash equivalents1 906.786.913 095.522 391.071 407.15
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:22.0%
Rating: 77/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:87.6%
Rating: 67/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

Companies in the same industry

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