RELAB DEVELOPMENT ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About RELAB DEVELOPMENT ApS
RELAB DEVELOPMENT ApS (CVR number: 29826854) is a company from LEJRE. The company recorded a gross profit of -856 kDKK in 2024. The operating profit was -1506.2 kDKK, while net earnings were -1236.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -81.9 %, which can be considered poor and Return on Equity (ROE) was -130.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -37.6 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. RELAB DEVELOPMENT ApS's liquidity measured by quick ratio was 0.6 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 982.12 | 14.27 | 1 415.15 | - 219.13 | - 855.99 |
| EBIT | 901.66 | - 132.60 | 689.22 | - 877.73 | -1 506.16 |
| Net earnings | 708.85 | - 111.41 | 534.65 | - 691.45 | -1 236.94 |
| Shareholders equity total | 1 999.39 | 387.98 | 922.63 | 231.18 | -1 005.76 |
| Balance sheet total (assets) | 2 755.20 | 1 410.82 | 1 770.39 | 955.54 | 1 669.72 |
| Net debt | -1 294.16 | - 232.43 | - 995.10 | 323.23 | 999.97 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 40.1 % | -4.7 % | 45.4 % | -62.8 % | -81.9 % |
| ROE | 43.1 % | -9.3 % | 81.6 % | -119.9 % | -130.1 % |
| ROI | 53.9 % | -6.2 % | 72.1 % | -108.1 % | -118.2 % |
| Economic value added (EVA) | 655.92 | - 206.54 | 478.68 | - 731.55 | -1 207.60 |
| Solvency | |||||
| Equity ratio | 72.6 % | 27.5 % | 52.1 % | 24.2 % | -37.6 % |
| Gearing | 2.5 % | 175.1 % | 1.2 % | 181.7 % | -185.3 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 3.0 | 1.2 | 2.0 | 1.3 | 0.6 |
| Current ratio | 3.0 | 1.2 | 2.0 | 1.3 | 0.6 |
| Cash and cash equivalents | 1 344.99 | 911.88 | 1 005.89 | 96.89 | 863.32 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BB | BBB | BB | B |
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