RETHNK ApS — Credit Rating and Financial Key Figures

CVR number: 35654003
Hillerødgade 30 A, 2200 København N
mail@rethnk.com
tel: 61336818
rethnk.com

Credit rating

Company information

Official name
RETHNK ApS
Personnel
4 persons
Established
2014
Company form
Private limited company
Industry

About RETHNK ApS

RETHNK ApS (CVR number: 35654003) is a company from FREDERIKSBERG. The company recorded a gross profit of 1881.2 kDKK in 2023. The operating profit was 405 kDKK, while net earnings were 307.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 34.9 %, which can be considered excellent and Return on Equity (ROE) was 42.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 64.9 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. RETHNK ApS's liquidity measured by quick ratio was 3.5 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 profit1 744.391 164.802 054.662 166.341 881.22
EBIT564.28111.23647.44560.31405.01
Net earnings434.9283.14445.60422.94307.46
Shareholders equity total400.58283.72529.32723.46730.93
Balance sheet total (assets)832.01641.44894.461 199.971 126.93
Net debt- 497.77-4.63- 582.08- 867.97- 284.08
Profitability
EBIT-%
ROA99.2 %15.1 %84.3 %53.5 %34.9 %
ROE129.5 %24.3 %109.6 %67.5 %42.3 %
ROI177.8 %27.8 %148.5 %89.3 %55.7 %
Economic value added (EVA)442.1993.95502.96427.81315.98
Solvency
Equity ratio48.1 %44.2 %59.2 %60.3 %64.9 %
Gearing14.4 %20.4 %0.2 %0.2 %0.2 %
Relative net indebtedness %
Liquidity
Quick ratio2.31.53.23.23.5
Current ratio2.31.53.23.23.5
Cash and cash equivalents555.6162.48583.18869.07285.18
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:34.9%
Rating: 86/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:64.9%
Rating: 50/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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