T. REINHARTSEN & CO. ApS — Credit Rating and Financial Key Figures
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 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 total | 237.43 | 225.52 | 213.03 | 199.52 | 188.22 |
| Balance sheet total (assets) | 248.18 | 242.52 | 224.03 | 217.52 | 199.97 |
| 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 ratio | 95.7 % | 93.0 % | 95.1 % | 91.7 % | 94.1 % |
| Gearing | |||||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 23.1 | 14.3 | 20.4 | 12.1 | 17.0 |
| Current ratio | 23.1 | 14.3 | 20.4 | 12.1 | 17.0 |
| Cash and cash equivalents | 246.93 | 240.13 | 222.78 | 216.27 | 198.72 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | C | C | B | C | C |
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