REFLEKS OLIEOVNE A/S — Credit Rating and Financial Key Figures

CVR number: 46502728
Lørupvej 17, 5750 Ringe
tel: 62671381

Credit rating

Company information

Official name
REFLEKS OLIEOVNE A/S
Personnel
17 persons
Established
1973
Company form
Limited company
Industry
  • Expand more icon28Manufacture of machinery and equipment n.e.c.

About REFLEKS OLIEOVNE A/S

REFLEKS OLIEOVNE A/S (CVR number: 46502728) is a company from FAABORG-MIDTFYN. The company recorded a gross profit of 2557.5 kDKK in 2023. The operating profit was -255.1 kDKK, while net earnings were -214.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -6.2 %, which can be considered poor and Return on Equity (ROE) was -6.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 84.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. REFLEKS OLIEOVNE A/S'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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit2 081.632 740.472 973.142 872.302 557.48
EBIT22.14634.81710.32378.00- 255.14
Net earnings4.23477.08529.38253.39- 214.12
Shareholders equity total2 344.072 765.853 235.703 430.343 155.71
Balance sheet total (assets)3 064.033 746.224 212.784 146.843 735.33
Net debt- 411.72- 776.66- 746.73-1 082.70- 794.07
Profitability
EBIT-%
ROA0.9 %18.7 %17.8 %9.1 %-6.2 %
ROE0.2 %18.7 %17.6 %7.6 %-6.5 %
ROI1.1 %21.7 %21.3 %10.5 %-7.1 %
Economic value added (EVA)-79.79397.29452.79163.53- 322.19
Solvency
Equity ratio76.5 %73.8 %76.8 %82.7 %84.5 %
Gearing11.0 %7.7 %5.0 %3.2 %1.8 %
Relative net indebtedness %
Liquidity
Quick ratio2.62.22.43.22.8
Current ratio5.43.84.25.95.2
Cash and cash equivalents670.43988.54907.101 191.72849.58
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAABBB

Variable visualization

ROA:-6.25%
Rating: 14/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:84.5%
Rating: 64/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

Companies in the same industry

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