RECS ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About RECS ApS
RECS ApS (CVR number: 29850194) is a company from AARHUS. The company recorded a gross profit of -24.5 kDKK in 2023. The operating profit was -24.5 kDKK, while net earnings were -22.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3.8 %, which can be considered poor and Return on Equity (ROE) was -9.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 48.7 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. RECS ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 56.38 | 39.51 | 12.09 | 57.17 | -24.52 |
EBIT | 52.70 | 35.83 | 8.41 | 53.49 | -24.52 |
Net earnings | 35.70 | 25.88 | 4.23 | 37.70 | -22.09 |
Shareholders equity total | 172.42 | 198.30 | 202.52 | 240.22 | 218.13 |
Balance sheet total (assets) | 442.58 | 490.56 | 505.95 | 448.08 | 448.30 |
Net debt | 90.78 | 48.35 | 29.04 | -34.91 | -16.36 |
Profitability | |||||
EBIT-% | |||||
ROA | 11.1 % | 8.6 % | 2.6 % | 12.6 % | -3.8 % |
ROE | 23.1 % | 14.0 % | 2.1 % | 17.0 % | -9.6 % |
ROI | 15.2 % | 13.0 % | 3.9 % | 21.1 % | -7.3 % |
Economic value added (EVA) | 42.65 | 20.66 | 0.30 | 36.26 | -29.24 |
Solvency | |||||
Equity ratio | 39.0 % | 40.4 % | 40.0 % | 53.6 % | 48.7 % |
Gearing | 69.8 % | 61.3 % | 60.6 % | 1.6 % | 1.8 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.5 | 0.6 | 0.7 | 0.8 | 0.7 |
Current ratio | 0.5 | 0.6 | 0.7 | 0.8 | 0.7 |
Cash and cash equivalents | 29.53 | 73.17 | 93.69 | 38.86 | 20.36 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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