Reef Global ApS — Credit Rating and Financial Key Figures

Reef Global ApS (CVR number: 42771392) is a company from HERLEV. The company recorded a gross profit of -5.5 kDKK in 2023. The operating profit was -5.5 kDKK, while net earnings were -6.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -68.5 %, which can be considered poor and Return on Equity (ROE) was -143 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -37.1 %. 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.