Redefined Fashion ApS — Credit Rating and Financial Key Figures

CVR number: 20853549
Nygade 111, 7430 Ikast
info@minus.dk
tel: 86521115
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Credit rating

Company information

Official name
Redefined Fashion ApS
Personnel
42 persons
Established
1998
Company form
Private limited company
Industry

About Redefined Fashion ApS

Redefined Fashion ApS (CVR number: 20853549) is a company from IKAST-BRANDE. The company recorded a gross profit of 22.1 mDKK in 2024. The operating profit was 7000.6 kDKK, while net earnings were 4199.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13 %, which can be considered good and Return on Equity (ROE) was 9.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at -13.1 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Redefined Fashion ApS's liquidity measured by quick ratio was 0.5 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 profit13 266.3220 945.445 685.0617 506.8322 125.36
EBIT1 872.171 823.39-17 106.563 705.887 000.57
Net earnings1 294.49185.00-23 861.071 258.834 199.59
Shareholders equity total6 557.137 577.87-17 908.74-15 658.21-11 875.97
Balance sheet total (assets)35 396.9771 375.7758 916.7343 866.3047 088.74
Net debt20 389.0346 232.8954 659.5144 880.3541 096.37
Profitability
EBIT-%
ROA9.1 %4.2 %-17.5 %6.1 %13.0 %
ROE28.4 %2.6 %-71.8 %2.4 %9.2 %
ROI12.2 %5.1 %-37.4 %7.9 %16.3 %
Economic value added (EVA)985.48- 160.20-19 178.50784.363 486.16
Solvency
Equity ratio32.1 %17.3 %-18.2 %-19.8 %-13.1 %
Gearing311.2 %610.2 %-305.2 %-288.6 %-346.6 %
Relative net indebtedness %
Liquidity
Quick ratio0.50.40.30.40.5
Current ratio1.21.20.80.80.9
Cash and cash equivalents18.908.961.63315.1561.41
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBBBBBBBB

Variable visualization

ROA:13.0%
Rating: 63/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-13.1%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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