Reach 2020 ApS — Credit Rating and Financial Key Figures

Reach 2020 ApS (CVR number: 41661941) is a company from RUDERSDAL. The company recorded a gross profit of 82.3 kDKK in 2022. The operating profit was 82.3 kDKK, while net earnings were 82.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 181.4 %, which can be considered excellent and Return on Equity (ROE) was 368.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at -90.5 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Reach 2020 ApS's liquidity measured by quick ratio was 0.1 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.