Reese Marin Yachtservice ApS

CVR number: 39136058
Sydhavn 1, 6200 Aabenraa
reese@reesemarin.dk
tel: 74626256

Credit rating

Company information

Official name
Reese Marin Yachtservice ApS
Established
2017
Company form
Private limited company
Industry
  • Expand more icon47Retail trade, except of motor vehicles and motorcycles

About Reese Marin Yachtservice ApS

Reese Marin Yachtservice ApS (CVR number: 39136058) is a company from AABENRAA. The company recorded a gross profit of 453.8 kDKK in 2023. The operating profit was 132.8 kDKK, while net earnings were 47.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.7 %, which can be considered decent but Return on Equity (ROE) was 21.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 12.3 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Reese Marin Yachtservice ApS's liquidity measured by quick ratio was 0.4 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
20192020202120222023
Volume
Net sales
Gross profit156.44176.97353.47522.51453.79
EBIT41.4522.3684.68148.06132.84
Net earnings24.029.2925.4772.5947.40
Shareholders equity total90.76100.06125.53198.12245.51
Balance sheet total (assets)562.00806.202 514.151 861.231 997.94
Net debt-1.24-3.85- 265.911 333.811 475.83
Profitability
EBIT-%
ROA7.0 %3.3 %5.1 %6.8 %7.7 %
ROE30.4 %9.7 %22.6 %44.9 %21.4 %
ROI25.6 %12.2 %41.4 %15.5 %8.5 %
Economic value added (EVA)33.7612.9765.49148.93127.79
Solvency
Equity ratio16.1 %12.4 %5.0 %10.6 %12.3 %
Gearing732.6 %622.6 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.00.20.10.4
Current ratio0.00.00.20.10.4
Cash and cash equivalents1.243.85265.91117.5452.86
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:7.74%
Rating: 51/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:12.3%
Rating: 12/100
-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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