Bricks by Ree ApS — Credit Rating and Financial Key Figures

CVR number: 36393548
Slotsherrensvej 411 B, 2610 Rødovre
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Credit rating

Company information

Official name
Bricks by Ree ApS
Personnel
9 persons
Established
2014
Company form
Private limited company
Industry

About Bricks by Ree ApS

Bricks by Ree ApS (CVR number: 36393548K) is a company from RØDOVRE. The company recorded a gross profit of 16 mDKK in 2021, demonstrating a decline of -23.5 % compared to the previous year. The operating profit was -10.9 mDKK, while net earnings were -819.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was 2.1 %, which can be considered weak but Return on Equity (ROE) was -32.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 64.6 %, 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. Bricks by Ree ApS's liquidity measured by quick ratio was 2.6 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

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Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2017
2018
2019
2020
2021
Volume
Net sales169.0359.7856.7847.75
Gross profit394.3410.2613.9120.9216.00
EBIT246.14-23.86-22.38-11.09-10.90
Net earnings798.37- 215.74655.07239.71- 819.42
Shareholders equity total2 251.472 036.002 691.852 931.082 111.12
Balance sheet total (assets)3 471.443 337.424 083.123 920.443 277.20
Net debt-1 727.74-1 464.95-2 303.54-2 403.64-1 485.91
Profitability
EBIT-%145.6 %-39.9 %-39.4 %-23.2 %
ROA39.3 %2.2 %24.2 %8.2 %2.1 %
ROE43.2 %-10.1 %27.8 %8.6 %-32.6 %
ROI40.7 %2.0 %24.8 %8.4 %2.1 %
Economic value added (EVA)174.4114.6916.7633.254.16
Solvency
Equity ratio65.1 %61.2 %66.1 %74.9 %64.6 %
Gearing52.5 %62.1 %45.7 %30.3 %52.8 %
Relative net indebtedness %-1004.3 %-2388.7 %-3795.5 %-4856.4 %
Liquidity
Quick ratio2.72.42.83.92.6
Current ratio2.72.42.83.92.6
Cash and cash equivalents2 910.502 729.383 533.573 293.042 600.99
Capital use efficiency
Trade debtors turnover (days)252.5766.0780.4980.9
Net working capital %-526.0 %-1602.3 %-1975.9 %-770.7 %
Credit risk
Credit ratingAABBBAABBB

Variable visualization

ROA:2.10%
Rating: 31/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:64.6%
Rating: 49/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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