RELIASSET A/S — Credit Rating and Financial Key Figures

CVR number: 29808198
Diplomvej 373, 2800 Kongens Lyngby

Company information

Official name
RELIASSET A/S
Personnel
5 persons
Established
2007
Company form
Limited company
Industry

About RELIASSET A/S

RELIASSET A/S (CVR number: 29808198) is a company from LYNGBY-TAARBÆK. The company recorded a gross profit of 1480.7 kDKK in 2023. The operating profit was -15.5 kDKK, while net earnings were -12.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.7 %, which can be considered poor and Return on Equity (ROE) was -1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 78.2 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. RELIASSET A/S's liquidity measured by quick ratio was 3.5 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit1 014.772 142.522 111.322 979.061 480.70
EBIT271.49963.46593.951 219.45-15.55
Net earnings204.30741.29449.25941.14-12.44
Shareholders equity total449.121 190.421 583.171 524.31910.96
Balance sheet total (assets)873.751 923.212 030.152 371.161 164.18
Net debt- 385.57-1 072.02-1 272.27-1 498.98- 505.97
Profitability
EBIT-%
ROA38.3 %68.9 %30.0 %55.4 %-0.7 %
ROE58.9 %90.4 %32.4 %60.6 %-1.0 %
ROI57.8 %109.6 %42.5 %78.2 %-0.9 %
Economic value added (EVA)199.37748.47457.22930.49-16.41
Solvency
Equity ratio51.4 %61.9 %78.0 %64.3 %78.2 %
Gearing22.1 %1.6 %0.3 %0.5 %
Relative net indebtedness %
Liquidity
Quick ratio1.92.54.42.43.5
Current ratio1.92.54.42.43.5
Cash and cash equivalents484.721 091.251 277.371 506.37505.97
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAAA

Variable visualization

ROA:-0.65%
Rating: 19/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:78.2%
Rating: 58/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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