Recover ApS — Credit Rating and Financial Key Figures

Recover ApS (CVR number: 35041699) is a company from HVIDOVRE. The company reported a net sales of 331.5 mDKK in 2023, demonstrating a growth of 7.5 % compared to the previous year. The operating profit percentage was at 3.8 % (EBIT: 12.5 mDKK), while net earnings were 3946.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.1 %, which can be considered good and Return on Equity (ROE) was 12 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 15.7 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Recover ApS's liquidity measured by quick ratio was 1.6 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.