Rethink Cph ApS — Credit Rating and Financial Key Figures

CVR number: 37191450
Kristen Bernikows Gade 6, 1105 København K
www.rethink.dk

Credit rating

Company information

Official name
Rethink Cph ApS
Personnel
3 persons
Established
2015
Company form
Private limited company
Industry
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About Rethink Cph ApS

Rethink Cph ApS (CVR number: 37191450) is a company from KØBENHAVN. The company recorded a gross profit of 3291.2 kDKK in 2018. The operating profit was 234.4 kDKK, while net earnings were 231 kDKK. The profitability of the company measured by Return on Assets (ROA) was 17.3 %, which can be considered excellent and Return on Equity (ROE) was 18.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 25.2 %, 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. Rethink Cph ApS's liquidity measured by quick ratio was 0.8 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2016
2017
2018
Volume
Net sales7 821.03
Gross profit5 100.922 718.913 291.19
EBIT1 278.99- 806.89234.39
Net earnings984.04- 785.78231.00
Shareholders equity total1 034.04- 251.74-20.75
Balance sheet total (assets)3 064.721 261.321 284.83
Net debt- 379.82194.40393.51
Profitability
EBIT-%16.4 %
ROA41.9 %-34.9 %17.3 %
ROE95.2 %-68.5 %18.1 %
ROI87.3 %-87.2 %62.8 %
Economic value added (EVA)986.14- 791.41255.27
Solvency
Equity ratio48.0 %7.4 %25.2 %
Gearing39.6 %-142.3 %-2006.6 %
Relative net indebtedness %15.5 %
Liquidity
Quick ratio1.80.70.8
Current ratio1.70.70.8
Cash and cash equivalents789.80163.8122.82
Capital use efficiency
Trade debtors turnover (days)55.4
Net working capital %15.2 %
Credit risk
Credit ratingBBBBBB

Variable visualization

ROA:17.3%
Rating: 70/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:25.2%
Rating: 23/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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