REC WATCHES ApS — Credit Rating and Financial Key Figures

REC WATCHES ApS (CVR number: 35404724) is a company from VORDINGBORG. The company recorded a gross profit of -2418.4 kDKK in 2024. The operating profit was -4710.3 kDKK, while net earnings were -5378.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -37.5 %, which can be considered poor and Return on Equity (ROE) was -64.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -159 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. REC WATCHES ApS's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.