RELAX A/S — Credit Rating and Financial Key Figures

CVR number: 87530728
Akacievej 62, 7700 Thisted
dorte.frimor@dragsbaek.dk

Company information

Official name
RELAX A/S
Personnel
1 person
Established
1978
Company form
Limited company
Industry

About RELAX A/S

RELAX A/S (CVR number: 87530728) is a company from THISTED. The company recorded a gross profit of -1393.3 kDKK in 2024. The operating profit was -2698.6 kDKK, while net earnings were -3039.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.1 %, which can be considered poor and Return on Equity (ROE) was -3.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 98 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. RELAX A/S's liquidity measured by quick ratio was 97.8 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

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-1 191.15- 856.88-1 505.18-1 355.85-1 393.29
EBIT-2 861.54-2 004.14-2 979.68-2 674.43-2 698.62
Net earnings- 196.828 444.833 131.571 882.89-3 039.68
Shareholders equity total81 569.1390 654.8693 466.9687 449.7684 410.07
Balance sheet total (assets)84 269.2698 133.4399 336.8893 899.7386 136.21
Net debt-29 512.19-27 333.83-41 613.63-43 253.18-40 831.77
Profitability
EBIT-%
ROA0.2 %11.2 %7.0 %3.1 %-0.1 %
ROE-0.2 %9.8 %3.4 %2.1 %-3.5 %
ROI0.2 %11.5 %7.1 %3.1 %-2.8 %
Economic value added (EVA)-6 966.34-5 499.84-7 718.52-6 870.91-7 853.74
Solvency
Equity ratio96.8 %92.4 %94.1 %93.1 %98.0 %
Gearing4.9 %4.8 %5.1 %
Relative net indebtedness %
Liquidity
Quick ratio15.25.710.610.197.8
Current ratio15.25.710.610.198.2
Cash and cash equivalents29 512.1931 773.8346 053.6347 693.1840 831.77
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:-0.14%
Rating: 20/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:98.0%
Rating: 79/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Board member

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