Bricks by Ree ApS — Credit Rating and Financial Key Figures

Bricks by Ree ApS (CVR number: 36393548) is a company from RØDOVRE. The company recorded a gross profit of -2709.2 kDKK in 2023. The operating profit was -29.7 mDKK, while net earnings were -91 mDKK. The profitability of the company measured by Return on Assets (ROA) was -3.7 %, which can be considered poor and Return on Equity (ROE) was -6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 73.5 %, 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 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.