Massive Douglas Denmark/ReBlock ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Massive Douglas Denmark/ReBlock ApS
Massive Douglas Denmark/ReBlock ApS (CVR number: 40307923) is a company from KOLDING. The company recorded a gross profit of 132.8 kDKK in 2023. The operating profit was -17.7 kDKK, while net earnings were -30.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3.2 %, which can be considered poor and Return on Equity (ROE) was -17.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 35.3 %, 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. Massive Douglas Denmark/ReBlock ApS's liquidity measured by quick ratio was 0.7 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 | 336.24 | 193.75 | 368.14 | 252.08 | 132.75 |
EBIT | 38.12 | 67.19 | 162.84 | 11.94 | -17.66 |
Net earnings | 29.38 | 48.76 | 111.58 | 3.33 | -30.61 |
Shareholders equity total | 29.38 | 78.14 | 189.71 | 193.05 | 162.44 |
Balance sheet total (assets) | 83.71 | 115.74 | 284.38 | 630.97 | 460.62 |
Net debt | -37.64 | -7.68 | -76.33 | 164.13 | 12.48 |
Profitability | |||||
EBIT-% | |||||
ROA | 45.5 % | 67.4 % | 81.4 % | 2.6 % | -3.2 % |
ROE | 100.0 % | 90.7 % | 83.3 % | 1.7 % | -17.2 % |
ROI | 66.9 % | 95.4 % | 118.7 % | 3.9 % | -4.5 % |
Economic value added (EVA) | 29.74 | 53.36 | 109.56 | 2.82 | -22.28 |
Solvency | |||||
Equity ratio | 35.1 % | 67.5 % | 66.7 % | 30.6 % | 35.3 % |
Gearing | 93.8 % | 7.4 % | 0.4 % | 116.0 % | 120.3 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.5 | 3.4 | 3.0 | 1.0 | 0.7 |
Current ratio | 1.5 | 3.4 | 3.0 | 1.4 | 1.5 |
Cash and cash equivalents | 65.20 | 13.44 | 77.05 | 59.77 | 182.98 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | B | BB | BB | BB | BB |
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