RECOMIT ApS — Credit Rating and Financial Key Figures

CVR number: 33783647
Nordre Strandvej 95, 8240 Risskov
mc@recomit.com

Company information

Official name
RECOMIT ApS
Personnel
2 persons
Established
2011
Company form
Private limited company
Industry

About RECOMIT ApS

RECOMIT ApS (CVR number: 33783647) is a company from AARHUS. The company recorded a gross profit of 2074.5 kDKK in 2023. The operating profit was 399.8 kDKK, while net earnings were 45.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.1 %, which can be considered good but Return on Equity (ROE) was 3.3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 14.5 %, 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. RECOMIT ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

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 profit1 507.132 302.583 245.154 022.242 074.50
EBIT126.16771.02676.492 058.36399.76
Net earnings83.81566.69470.861 644.0745.21
Shareholders equity total496.371 063.061 533.912 027.98673.19
Balance sheet total (assets)3 027.403 077.026 508.764 983.604 959.85
Net debt677.13-1 226.30-5 113.73- 581.642 074.98
Profitability
EBIT-%
ROA7.0 %25.3 %14.1 %42.1 %10.1 %
ROE18.4 %72.7 %36.3 %92.3 %3.3 %
ROI12.4 %59.5 %48.3 %122.0 %19.7 %
Economic value added (EVA)-5.55640.66470.421 516.29171.38
Solvency
Equity ratio16.4 %34.5 %24.5 %48.5 %14.5 %
Gearing204.4 %0.8 %12.0 %10.0 %325.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.91.01.21.80.7
Current ratio1.11.41.31.71.2
Cash and cash equivalents337.611 235.015 298.22784.90112.99
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:10.1%
Rating: 57/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:14.5%
Rating: 14/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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