RE-MATCH HOLDING A/S — Credit Rating and Financial Key Figures

CVR number: 35465529
HI-Park 415, Hammerum 7400 Herning

Credit rating

Company information

Official name
RE-MATCH HOLDING A/S
Personnel
11 persons
Established
2013
Domicile
Hammerum
Company form
Limited company
Industry
  • Expand more icon38Waste collection, treatment and disposal activities; materials recovery

About RE-MATCH HOLDING A/S

RE-MATCH HOLDING A/S (CVR number: 35465529K) is a company from HERNING. The company reported a net sales of 52.5 mDKK in 2023, demonstrating a growth of 90.3 % compared to the previous year. The operating profit percentage was poor at -180.5 % (EBIT: -94.8 mDKK), while net earnings were -102 mDKK. The profitability of the company measured by Return on Assets (ROA) was -23 %, which can be considered poor and Return on Equity (ROE) was -53.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -6.9 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. RE-MATCH HOLDING A/S's liquidity measured by quick ratio was 0.3 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

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
20192020202120222023
Volume
Net sales28.2527.6052.53
Gross profit0.34-2.3515.12
EBIT-34.33-49.08-92.42-83.66-94.83
Net earnings-35.91-49.08-92.42-88.35- 102.05
Shareholders equity total30.61-26.5097.2010.49-27.60
Balance sheet total (assets)142.13360.36371.03
Net debt15.95-6.02- 118.2435.7587.39
Profitability
EBIT-%-121.5 %-303.1 %-180.5 %
ROA-24.1 %-58.2 %-348.7 %-20.9 %-23.0 %
ROE-117.3 %-320.7 %-95.1 %-82.0 %-53.5 %
ROI-27.5 %-79.0 %-95.1 %-20.7 %-30.0 %
Economic value added (EVA)-27.80-50.76-92.12-77.71-95.31
Solvency
Equity ratio21.5 %-100.0 %50.0 %2.9 %-6.9 %
Gearing143.5 %472.2 %-375.9 %
Relative net indebtedness %295.8 %1217.7 %727.7 %
Liquidity
Quick ratio1.80.40.3
Current ratio2.10.40.3
Cash and cash equivalents27.966.02118.2413.7716.35
Capital use efficiency
Trade debtors turnover (days)40.841.330.6
Net working capital %94.2 %-234.6 %-216.6 %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:-23.0%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-6.92%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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