REITH HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 19364534
Strandvejen 200 B, 3070 Snekkersten

Credit rating

Company information

Official name
REITH HOLDING ApS
Established
1996
Company form
Private limited company
Industry

About REITH HOLDING ApS

REITH HOLDING ApS (CVR number: 19364534) is a company from HELSINGØR. The company recorded a gross profit of -19.8 kDKK in 2023. The operating profit was -19.8 kDKK, while net earnings were 1186.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.4 %, which can be considered good but Return on Equity (ROE) was 7 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 99.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. REITH HOLDING ApS's liquidity measured by quick ratio was 141.2 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 profit9.31-27.96-23.54-18.98-19.82
EBIT9.31-27.96-23.54-18.98-19.82
Net earnings1 270.66322.921 050.98-1 631.681 186.57
Shareholders equity total19 778.9318 601.8519 402.8316 771.1516 957.72
Balance sheet total (assets)20 082.4619 474.9820 148.4316 927.6717 078.64
Net debt-16 077.75-15 869.79-16 871.48-14 229.30-15 424.49
Profitability
EBIT-%
ROA10.0 %5.3 %8.7 %3.0 %9.4 %
ROE6.4 %1.7 %5.5 %-9.0 %7.0 %
ROI10.1 %5.4 %9.0 %3.0 %9.4 %
Economic value added (EVA)- 263.18- 207.74- 155.62- 142.00- 135.96
Solvency
Equity ratio98.5 %95.5 %96.3 %99.1 %99.3 %
Gearing0.9 %0.6 %
Relative net indebtedness %
Liquidity
Quick ratio66.922.327.0108.2141.2
Current ratio66.922.327.0108.2141.2
Cash and cash equivalents16 077.7515 869.7916 871.4814 373.3115 532.91
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:9.35%
Rating: 55/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.3%
Rating: 89/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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