EJENDOMSSELSKABET REKK ApS — Credit Rating and Financial Key Figures

CVR number: 31860350
Strandelhjørn Skovvej 4, 6500 Vojens

Credit rating

Company information

Official name
EJENDOMSSELSKABET REKK ApS
Established
2009
Company form
Private limited company
Industry

About EJENDOMSSELSKABET REKK ApS

EJENDOMSSELSKABET REKK ApS (CVR number: 31860350) is a company from HADERSLEV. The company recorded a gross profit of 270.8 kDKK in 2023. The operating profit was 220.1 kDKK, while net earnings were 40 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.4 %, which can be considered decent but Return on Equity (ROE) was 2.3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 35 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. EJENDOMSSELSKABET REKK ApS's liquidity measured by quick ratio was 0.2 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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 profit353.28427.58418.97349.56270.79
EBIT303.47381.99368.29298.88220.12
Net earnings173.65170.32169.1994.7940.04
Shareholders equity total1 308.041 478.361 647.561 742.341 782.38
Balance sheet total (assets)5 291.345 274.135 214.615 125.095 089.44
Net debt3 056.892 789.112 469.592 170.611 931.90
Profitability
EBIT-%
ROA5.9 %7.3 %7.1 %5.8 %4.4 %
ROE14.2 %12.2 %10.8 %5.6 %2.3 %
ROI7.0 %8.2 %8.1 %6.7 %5.2 %
Economic value added (EVA)91.9093.0792.923.43-24.52
Solvency
Equity ratio24.7 %28.0 %31.6 %34.0 %35.0 %
Gearing247.1 %196.7 %157.7 %131.0 %117.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.40.20.10.10.2
Current ratio0.40.20.10.10.2
Cash and cash equivalents175.00119.13128.22111.83162.45
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAABBB

Variable visualization

ROA:4.36%
Rating: 41/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:35.0%
Rating: 30/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

Companies in the same industry

Try the full version of our system for free
Bankruptcy risk visualization example

... and more!

No registration needed.