Reefen APS
Credit rating
Company information
About Reefen APS
Reefen APS (CVR number: 40131027) is a company from KØBENHAVN. The company recorded a gross profit of -14.9 kDKK in 2022. The operating profit was -14.9 kDKK, while net earnings were -19.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -17.7 %, which can be considered poor and Return on Equity (ROE) was -46.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 55.7 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Reefen APS's liquidity measured by quick ratio was 2.3 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 | |
---|---|---|---|---|
Volume | ||||
Net sales | 260.57 | |||
Gross profit | -42.80 | -47.13 | 61.27 | -14.91 |
EBIT | -42.80 | -47.13 | 61.27 | -14.91 |
Net earnings | -41.07 | -47.27 | 46.17 | -19.31 |
Shareholders equity total | 50.00 | 4.97 | 51.14 | 31.82 |
Balance sheet total (assets) | 53.19 | 30.14 | 98.62 | 57.11 |
Net debt | -38.84 | 6.48 | -73.56 | -41.27 |
Profitability | ||||
EBIT-% | -16.4 % | |||
ROA | -77.2 % | -113.1 % | 95.2 % | -17.7 % |
ROE | -82.1 % | -172.0 % | 164.6 % | -46.6 % |
ROI | -82.1 % | -117.8 % | 115.3 % | -25.5 % |
Economic value added (EVA) | -42.80 | -47.69 | 47.19 | -17.73 |
Solvency | ||||
Equity ratio | 94.0 % | 16.5 % | 51.8 % | 55.7 % |
Gearing | 504.4 % | 49.0 % | ||
Relative net indebtedness % | -13.7 % | |||
Liquidity | ||||
Quick ratio | 13.2 | 1.2 | 2.1 | 2.3 |
Current ratio | 13.2 | 1.2 | 2.1 | 2.3 |
Cash and cash equivalents | 38.84 | 18.59 | 98.62 | 41.27 |
Capital use efficiency | ||||
Trade debtors turnover (days) | 4.5 | |||
Net working capital % | 14.9 % | |||
Credit risk | ||||
Credit rating | C | B | B | C |
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