REMODERN ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About REMODERN ApS
REMODERN ApS (CVR number: 31781469) is a company from KØBENHAVN. The company recorded a gross profit of 367.2 kDKK in 2023. The operating profit was -132.8 kDKK, while net earnings were -124.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -18.4 %, which can be considered poor and Return on Equity (ROE) was -24.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 66.1 %, 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. REMODERN ApS's liquidity measured by quick ratio was 2.8 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 1 219.36 | 533.86 | 415.37 | 186.39 | 367.21 |
EBIT | 742.55 | -10.05 | - 129.12 | -41.63 | - 132.79 |
Net earnings | 542.79 | -43.58 | - 141.99 | -45.07 | - 124.67 |
Shareholders equity total | 800.68 | 757.11 | 615.12 | 570.05 | 445.37 |
Balance sheet total (assets) | 2 212.95 | 2 202.94 | 711.45 | 672.32 | 673.92 |
Net debt | -1 001.41 | - 757.67 | - 628.79 | - 494.94 | - 326.33 |
Profitability | |||||
EBIT-% | |||||
ROA | 31.9 % | -0.4 % | -8.9 % | -6.0 % | -18.4 % |
ROE | 52.7 % | -5.6 % | -20.7 % | -7.6 % | -24.6 % |
ROI | 37.4 % | -0.5 % | -9.6 % | -6.9 % | -24.2 % |
Economic value added (EVA) | 600.11 | 56.72 | -63.98 | -39.35 | - 136.15 |
Solvency | |||||
Equity ratio | 36.2 % | 34.4 % | 86.5 % | 84.8 % | 66.1 % |
Gearing | 135.7 % | 171.1 % | 1.9 % | 1.4 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.5 | 1.5 | 7.4 | 6.5 | 2.8 |
Current ratio | 1.5 | 1.5 | 7.4 | 6.5 | 2.9 |
Cash and cash equivalents | 2 087.95 | 2 053.44 | 640.76 | 503.11 | 326.33 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BB | BB | BB |
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