Reen Reenbergs Magneqi-etic ApS — Credit Rating and Financial Key Figures

CVR number: 30826817
Birkevej 19, 2830 Virum
line@reenbergs.dk
tel: 26462484
www.bymagnet.com

Credit rating

Company information

Official name
Reen Reenbergs Magneqi-etic ApS
Personnel
3 persons
Established
2007
Company form
Private limited company
Industry

About Reen Reenbergs Magneqi-etic ApS

Reen Reenbergs Magneqi-etic ApS (CVR number: 30826817) is a company from LYNGBY-TAARBÆK. The company recorded a gross profit of 359.1 kDKK in 2023. The operating profit was 128.5 kDKK, while net earnings were 78.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14.6 %, which can be considered good but Return on Equity (ROE) was 19.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 52.2 %, 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. Reen Reenbergs Magneqi-etic ApS's liquidity measured by quick ratio was 1.1 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.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit332.53693.301 014.98436.48359.11
EBIT15.98191.83584.40240.10128.48
Net earnings3.84140.71440.53164.9178.71
Shareholders equity total318.02358.73599.25464.17342.87
Balance sheet total (assets)458.53761.75959.111 106.71656.88
Net debt73.62- 243.60- 390.77- 172.5247.45
Profitability
EBIT-%
ROA2.9 %31.4 %67.9 %23.2 %14.6 %
ROE1.0 %41.6 %92.0 %31.0 %19.5 %
ROI3.3 %42.4 %98.6 %30.0 %17.4 %
Economic value added (EVA)-2.88134.42454.55180.86105.46
Solvency
Equity ratio69.4 %47.1 %62.5 %41.9 %52.2 %
Gearing34.7 %32.7 %18.4 %91.5 %71.7 %
Relative net indebtedness %
Liquidity
Quick ratio0.71.51.91.11.1
Current ratio2.81.92.51.61.9
Cash and cash equivalents36.88360.74500.75597.35198.37
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:14.6%
Rating: 66/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:52.2%
Rating: 41/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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