T. REINHARTSEN & CO. ApS — Credit Rating and Financial Key Figures

CVR number: 70535114
Nordvej 12, Vangen 9900 Frederikshavn
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Company information

Official name
T. REINHARTSEN & CO. ApS
Established
1982
Domicile
Vangen
Company form
Private limited company
Industry

About T. REINHARTSEN & CO. ApS

T. REINHARTSEN & CO. ApS (CVR number: 70535114) is a company from FREDERIKSHAVN. The company recorded a gross profit of -11.3 kDKK in 2023. The operating profit was -11.3 kDKK, while net earnings were -11.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -5.4 %, which can be considered poor and Return on Equity (ROE) was -5.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 94.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. T. REINHARTSEN & CO. ApS's liquidity measured by quick ratio was 17 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 profit-11.65-11.30
EBIT-9.30-10.15-10.50-11.65-11.30
Net earnings-9.50-11.91-12.49-13.51-11.30
Shareholders equity total237.43225.52213.03199.52188.22
Balance sheet total (assets)248.18242.52224.03217.52199.97
Net debt- 246.93- 240.13- 222.78- 216.27- 198.72
Profitability
EBIT-%
ROA-3.7 %-4.1 %-4.5 %-5.3 %-5.4 %
ROE-3.9 %-5.1 %-5.7 %-6.6 %-5.8 %
ROI-3.8 %-4.4 %-4.8 %-5.6 %-5.8 %
Economic value added (EVA)-8.77-9.67-9.77-11.16-10.46
Solvency
Equity ratio95.7 %93.0 %95.1 %91.7 %94.1 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio23.114.320.412.117.0
Current ratio23.114.320.412.117.0
Cash and cash equivalents246.93240.13222.78216.27198.72
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingCCBCC

Variable visualization

ROA:-5.41%
Rating: 15/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:94.1%
Rating: 75/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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