Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 2 081.63 | 2 740.47 | 2 973.14 | 2 872.30 | 2 557.48 |
EBIT | 22.14 | 634.81 | 710.32 | 378.00 | - 255.14 |
Net earnings | 4.23 | 477.08 | 529.38 | 253.39 | - 214.12 |
Shareholders equity total | 2 344.07 | 2 765.85 | 3 235.70 | 3 430.34 | 3 155.71 |
Balance sheet total (assets) | 3 064.03 | 3 746.22 | 4 212.78 | 4 146.84 | 3 735.33 |
Net debt | - 411.72 | - 776.66 | - 746.73 | -1 082.70 | - 794.07 |
Profitability | |||||
EBIT-% | |||||
ROA | 0.9 % | 18.7 % | 17.8 % | 9.1 % | -6.2 % |
ROE | 0.2 % | 18.7 % | 17.6 % | 7.6 % | -6.5 % |
ROI | 1.1 % | 21.7 % | 21.3 % | 10.5 % | -7.1 % |
Economic value added (EVA) | -79.79 | 397.29 | 452.79 | 163.53 | - 322.19 |
Solvency | |||||
Equity ratio | 76.5 % | 73.8 % | 76.8 % | 82.7 % | 84.5 % |
Gearing | 11.0 % | 7.7 % | 5.0 % | 3.2 % | 1.8 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.6 | 2.2 | 2.4 | 3.2 | 2.8 |
Current ratio | 5.4 | 3.8 | 4.2 | 5.9 | 5.2 |
Cash and cash equivalents | 670.43 | 988.54 | 907.10 | 1 191.72 | 849.58 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | A | A | BBB | BB |
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