Reef Global ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Reef Global ApS
Reef Global ApS (CVR number: 42771392) is a company from HERLEV. The company recorded a gross profit of -0.6 kDKK in 2024. The operating profit was -0.6 kDKK, while net earnings were -0.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -5.8 %, which can be considered poor and Return on Equity (ROE) was -9.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -41.7 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Reef Global ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2022 | 2023 | 2024 | |
---|---|---|---|
Volume | |||
Net sales | |||
Gross profit | -3.49 | -5.49 | -0.57 |
EBIT | -3.49 | -5.49 | -0.57 |
Net earnings | -2.72 | -6.25 | -0.57 |
Shareholders equity total | 2.66 | -3.60 | -4.17 |
Balance sheet total (assets) | 6.34 | 6.09 | 5.83 |
Net debt | 0.80 | 6.29 | 9.54 |
Profitability | |||
EBIT-% | |||
ROA | -55.0 % | -68.5 % | -5.8 % |
ROE | -102.4 % | -143.0 % | -9.6 % |
ROI | -95.4 % | -103.0 % | -6.7 % |
Economic value added (EVA) | -3.49 | -6.44 | -0.74 |
Solvency | |||
Equity ratio | 41.9 % | -37.1 % | -41.7 % |
Gearing | 37.6 % | -194.7 % | -239.9 % |
Relative net indebtedness % | |||
Liquidity | |||
Quick ratio | 1.7 | 0.6 | 0.6 |
Current ratio | 1.7 | 0.6 | 0.6 |
Cash and cash equivalents | 0.20 | 0.71 | 0.46 |
Capital use efficiency | |||
Trade debtors turnover (days) | |||
Net working capital % | |||
Credit risk | |||
Credit rating | BB | BB | BB |
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