REITAN CONVENIENCE DENMARK A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About REITAN CONVENIENCE DENMARK A/S
REITAN CONVENIENCE DENMARK A/S (CVR number: 15516046) is a company from GLADSAXE. The company recorded a gross profit of 121.4 mDKK in 2024. The operating profit was 15.9 mDKK, while net earnings were 14.7 mDKK. The profitability of the company measured by Return on Assets (ROA) was 4.1 %, which can be considered decent but Return on Equity (ROE) was 3.6 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 82.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. REITAN CONVENIENCE DENMARK A/S's liquidity measured by quick ratio was 2.2 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 95 833.00 | 122 136.00 | 130 578.00 | 165 253.00 | 121 433.00 |
EBIT | 95 833.00 | 122 136.00 | 130 578.00 | 71 128.00 | 15 928.00 |
Net earnings | 29 536.00 | 55 363.00 | 57 014.00 | 282 391.00 | 14 729.00 |
Shareholders equity total | 195 960.00 | 251 323.00 | 268 337.00 | 500 728.00 | 315 457.00 |
Balance sheet total (assets) | 348 530.00 | 366 212.00 | 400 675.00 | 660 854.00 | 380 557.00 |
Net debt | 45 905.00 | -37 693.00 | |||
Profitability | |||||
EBIT-% | |||||
ROA | 34.1 % | 56.6 % | 4.1 % | ||
ROE | 21.9 % | 73.4 % | 3.6 % | ||
ROI | 34.1 % | 62.3 % | 4.7 % | ||
Economic value added (EVA) | 87 470.19 | 112 289.01 | 117 949.02 | 42 225.88 | -11 343.28 |
Solvency | |||||
Equity ratio | 100.0 % | 75.8 % | 82.9 % | ||
Gearing | 10.6 % | 0.1 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.8 | 2.2 | |||
Current ratio | 2.8 | 2.2 | |||
Cash and cash equivalents | 7 195.00 | 37 929.00 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | A | AA |
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