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Reel Estate ApS — Credit Rating and Financial Key Figures

CVR number: 40067108
Langelinie 33, 5230 Odense M
Free credit report Annual report

Company information

Official name
Reel Estate ApS
Established
2018
Company form
Private limited company
Industry

About Reel Estate ApS

Reel Estate ApS (CVR number: 40067108) is a company from ODENSE. The company recorded a gross profit of 108.2 kDKK in 2024. The operating profit was 36.6 kDKK, while net earnings were -181.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.7 %, which can be considered weak but Return on Equity (ROE) was -4.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -35.5 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Reel Estate ApS's liquidity measured by quick ratio was 0.2 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.

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 profit- 256.77-20.525.34194.59108.19
EBIT- 403.03- 149.13- 158.64116.0936.63
Net earnings- 489.28- 262.26377.31- 139.27- 181.42
Shareholders equity total-1 962.89-2 225.14-1 847.84-1 987.11-2 168.52
Balance sheet total (assets)4 372.354 061.793 900.293 830.153 933.32
Net debt5 799.515 804.685 308.345 357.685 582.52
Profitability
EBIT-%
ROA-4.9 %-2.4 %10.1 %2.1 %0.7 %
ROE-7.2 %-6.2 %9.5 %-3.6 %-4.7 %
ROI-5.2 %-2.5 %10.9 %2.3 %0.7 %
Economic value added (EVA)- 791.02- 347.07- 338.51-63.13- 139.17
Solvency
Equity ratio-32.4 %-37.3 %-33.9 %-34.2 %-35.5 %
Gearing-300.7 %-260.9 %-287.3 %-269.6 %-257.7 %
Relative net indebtedness %
Liquidity
Quick ratio0.70.10.20.10.2
Current ratio0.40.10.10.10.2
Cash and cash equivalents102.385.16
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:0.69%
Rating: 23/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-35.5%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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