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 -219.1 kDKK in 2023. The operating profit was -877.7 kDKK, while net earnings were -691.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -62.8 %, which can be considered poor and Return on Equity (ROE) was -119.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 24.2 %, 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. RELAB DEVELOPMENT ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 549.89 | 982.12 | 14.27 | 1 415.15 | - 219.13 |
EBIT | 518.88 | 901.66 | - 132.60 | 689.22 | - 877.73 |
Net earnings | 410.41 | 708.85 | - 111.41 | 534.65 | - 691.45 |
Shareholders equity total | 1 290.54 | 1 999.39 | 387.98 | 922.63 | 231.18 |
Balance sheet total (assets) | 1 747.52 | 2 755.20 | 1 410.82 | 1 770.39 | 955.54 |
Net debt | - 709.61 | -1 294.16 | - 232.43 | - 995.10 | 323.23 |
Profitability | |||||
EBIT-% | |||||
ROA | 31.6 % | 40.1 % | -4.7 % | 45.4 % | -62.8 % |
ROE | 37.8 % | 43.1 % | -9.3 % | 81.6 % | -119.9 % |
ROI | 47.2 % | 53.9 % | -6.2 % | 72.1 % | -108.1 % |
Economic value added (EVA) | 428.46 | 692.12 | - 136.40 | 558.64 | - 680.46 |
Solvency | |||||
Equity ratio | 73.8 % | 72.6 % | 27.5 % | 52.1 % | 24.2 % |
Gearing | 2.5 % | 175.1 % | 1.2 % | 181.7 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 3.4 | 3.0 | 1.2 | 2.0 | 1.3 |
Current ratio | 3.4 | 3.0 | 1.2 | 2.0 | 1.3 |
Cash and cash equivalents | 709.61 | 1 344.99 | 911.88 | 1 005.89 | 96.89 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | A | BB | BBB | BB |
Variable visualization
Roles
Companies in the same industry
- Professional credit risk reports
- Create your own estimates for any company
- Valuation analysis
- All 400,000+ Danish companies
- See instructions

... and more!
No registration needed.