RELAX A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 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 | - 196.82 | 8 444.83 | 3 131.57 | 1 882.89 | -3 039.68 |
Shareholders equity total | 81 569.13 | 90 654.86 | 93 466.96 | 87 449.76 | 84 410.07 |
Balance sheet total (assets) | 84 269.26 | 98 133.43 | 99 336.88 | 93 899.73 | 86 136.21 |
Net debt | -29 512.19 | -27 333.83 | -41 613.63 | -43 253.18 | -40 831.77 |
Profitability | |||||
EBIT-% | |||||
ROA | 0.2 % | 11.2 % | 7.0 % | 3.1 % | -0.1 % |
ROE | -0.2 % | 9.8 % | 3.4 % | 2.1 % | -3.5 % |
ROI | 0.2 % | 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 ratio | 96.8 % | 92.4 % | 94.1 % | 93.1 % | 98.0 % |
Gearing | 4.9 % | 4.8 % | 5.1 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 15.2 | 5.7 | 10.6 | 10.1 | 97.8 |
Current ratio | 15.2 | 5.7 | 10.6 | 10.1 | 98.2 |
Cash and cash equivalents | 29 512.19 | 31 773.83 | 46 053.63 | 47 693.18 | 40 831.77 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | A | A |
Variable visualization
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