Bricks by Ree ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2017 | 2018 | 2019 | 2020 | 2021 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 169.03 | 59.78 | 56.78 | 47.75 | |
Gross profit | 394.34 | 10.26 | 13.91 | 20.92 | 16.00 |
EBIT | 246.14 | -23.86 | -22.38 | -11.09 | -10.90 |
Net earnings | 798.37 | - 215.74 | 655.07 | 239.71 | - 819.42 |
Shareholders equity total | 2 251.47 | 2 036.00 | 2 691.85 | 2 931.08 | 2 111.12 |
Balance sheet total (assets) | 3 471.44 | 3 337.42 | 4 083.12 | 3 920.44 | 3 277.20 |
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 % | |
ROA | 39.3 % | 2.2 % | 24.2 % | 8.2 % | 2.1 % |
ROE | 43.2 % | -10.1 % | 27.8 % | 8.6 % | -32.6 % |
ROI | 40.7 % | 2.0 % | 24.8 % | 8.4 % | 2.1 % |
Economic value added (EVA) | 174.41 | 14.69 | 16.76 | 33.25 | 4.16 |
Solvency | |||||
Equity ratio | 65.1 % | 61.2 % | 66.1 % | 74.9 % | 64.6 % |
Gearing | 52.5 % | 62.1 % | 45.7 % | 30.3 % | 52.8 % |
Relative net indebtedness % | -1004.3 % | -2388.7 % | -3795.5 % | -4856.4 % | |
Liquidity | |||||
Quick ratio | 2.7 | 2.4 | 2.8 | 3.9 | 2.6 |
Current ratio | 2.7 | 2.4 | 2.8 | 3.9 | 2.6 |
Cash and cash equivalents | 2 910.50 | 2 729.38 | 3 533.57 | 3 293.04 | 2 600.99 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 252.5 | 766.0 | 780.4 | 980.9 | |
Net working capital % | -526.0 % | -1602.3 % | -1975.9 % | -770.7 % | |
Credit risk | |||||
Credit rating | AA | BBB | A | A | BBB |
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