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REC WATCHES ApS — Credit Rating and Financial Key Figures

CVR number: 35404724
Marienbergvej 108, 4760 Vordingborg
info@recwatches.com
tel: 53540332
www.recwatches.com
Free credit report Annual report

Company information

Official name
REC WATCHES ApS
Personnel
5 persons
Established
2013
Company form
Private limited company
Industry

About REC WATCHES ApS

REC WATCHES ApS (CVR number: 35404724) is a company from VORDINGBORG. The company recorded a gross profit of 6295.6 kDKK in 2025. The operating profit was 3659.9 kDKK, while net earnings were 4401.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 22.1 %, which can be considered excellent and Return on Equity (ROE) was 37 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at -68.8 %. 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 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
2021
2022
2023
2024
2025
Volume
Net sales
Gross profit3 919.501 224.271 969.11-2 418.366 295.56
EBIT697.15-1 673.14- 616.94-4 710.343 659.87
Net earnings516.52-2 638.99-1 689.91-5 378.444 401.67
Shareholders equity total2 836.07197.09-1 492.83-6 871.27-2 469.59
Balance sheet total (assets)9 006.569 332.946 198.0910 437.7513 376.90
Net debt- 131.223 375.895 086.852 141.44- 622.40
Profitability
EBIT-%
ROA10.7 %-18.1 %-6.8 %-37.5 %22.1 %
ROE20.0 %-174.0 %-52.8 %-64.7 %37.0 %
ROI17.7 %-35.3 %-11.1 %-108.3 %164.4 %
Economic value added (EVA)520.07-1 906.56- 851.02-4 924.472 798.22
Solvency
Equity ratio40.8 %3.2 %-22.3 %-159.0 %-68.8 %
Gearing63.8 %2263.5 %-385.5 %-42.2 %-63.3 %
Relative net indebtedness %
Liquidity
Quick ratio1.20.80.31.42.8
Current ratio1.30.80.60.50.8
Cash and cash equivalents1 940.381 085.24667.31755.482 185.14
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBCB

Variable visualization

ROA:22.1%
Rating: 77/100
-20%
0%
4%
11%
24%
60%
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Equity ratio:-68.8%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
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Roles

Companies in the same industry

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