Reform Projects ApS — Credit Rating and Financial Key Figures

CVR number: 40513825
Otto Busses Vej 9, 2450 København SV

Credit rating

Company information

Official name
Reform Projects ApS
Personnel
2 persons
Established
2019
Company form
Private limited company
Industry

About Reform Projects ApS

Reform Projects ApS (CVR number: 40513825) is a company from KØBENHAVN. The company recorded a gross profit of 3597.9 kDKK in 2023. The operating profit was 165.1 kDKK, while net earnings were 142.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.5 %, which can be considered decent but Return on Equity (ROE) was 19.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 23.4 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Reform Projects ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

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 profit- 555.271 865.0411 003.382 574.443 597.89
EBIT- 555.27305.341 088.76499.70165.06
Net earnings- 536.33122.57706.12315.19142.65
Shareholders equity total- 496.33- 373.75332.37647.55790.20
Balance sheet total (assets)56.654 828.9012 021.782 840.273 373.56
Net debt542.98- 413.243 149.61-1 143.131 203.27
Profitability
EBIT-%
ROA-100.4 %10.6 %12.7 %6.7 %6.5 %
ROE-946.7 %5.0 %27.4 %64.3 %19.8 %
ROI-102.3 %42.5 %27.9 %13.2 %12.7 %
Economic value added (EVA)- 536.33254.721 049.49537.33153.43
Solvency
Equity ratio-89.8 %-7.3 %2.9 %30.0 %23.4 %
Gearing-109.4 %-236.7 %1983.2 %3.4 %217.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.91.11.81.3
Current ratio0.00.91.01.21.3
Cash and cash equivalents1 297.963 441.701 164.96513.70
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:6.48%
Rating: 47/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:23.4%
Rating: 22/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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