REEL GLAS ApS — Credit Rating and Financial Key Figures

CVR number: 10140552
Bjælkevangen 17, 2690 Karlslunde
tel: 46155142

Credit rating

Company information

Official name
REEL GLAS ApS
Personnel
1 person
Established
2003
Company form
Private limited company
Industry

About REEL GLAS ApS

REEL GLAS ApS (CVR number: 10140552) is a company from GREVE. The company recorded a gross profit of 550.8 kDKK in 2023. The operating profit was -16.7 kDKK, while net earnings were -64.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.8 %, which can be considered poor and Return on Equity (ROE) was -4.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 76.4 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. REEL GLAS ApS's liquidity measured by quick ratio was 3.9 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit557.45377.60730.11500.03550.80
EBIT95.06-84.65271.8411.97-16.72
Net earnings331.6559.69384.52-13.19-64.08
Shareholders equity total1 283.271 287.661 615.671 545.281 422.30
Balance sheet total (assets)1 639.841 775.422 032.972 112.701 860.87
Net debt- 408.71- 531.19- 576.46- 586.99- 361.85
Profitability
EBIT-%
ROA23.2 %4.1 %22.6 %0.5 %-0.8 %
ROE28.1 %4.6 %26.5 %-0.8 %-4.3 %
ROI29.9 %5.0 %27.5 %0.6 %-1.1 %
Economic value added (EVA)52.03-98.00228.22-19.78-52.16
Solvency
Equity ratio78.3 %72.5 %79.5 %74.6 %76.4 %
Gearing1.5 %13.4 %3.7 %3.3 %8.4 %
Relative net indebtedness %
Liquidity
Quick ratio3.73.14.33.33.9
Current ratio3.73.14.33.13.9
Cash and cash equivalents428.53704.37636.53638.11481.62
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:-0.84%
Rating: 19/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:76.4%
Rating: 57/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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