Credit rating
Company information
About REIGN BROS ApS
REIGN BROS ApS (CVR number: 31863392) is a company from KØBENHAVN. The company recorded a gross profit of 92.5 kDKK in 2023. The operating profit was -24.9 kDKK, while net earnings were -369.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -21.3 %, which can be considered poor and Return on Equity (ROE) was -40.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 56 %, 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. REIGN BROS ApS's liquidity measured by quick ratio was 1.8 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 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 1 772.12 | 1 861.04 | 2 819.56 | 4 905.27 | 92.45 |
EBIT | - 108.88 | 143.25 | - 605.73 | 441.29 | -24.91 |
Net earnings | 828.16 | 1 101.40 | -3 333.82 | - 152.43 | - 369.17 |
Shareholders equity total | 1 249.24 | 2 350.64 | 1 402.33 | 1 249.90 | 590.73 |
Balance sheet total (assets) | 2 186.43 | 3 248.31 | 2 816.70 | 2 345.40 | 1 055.07 |
Net debt | - 151.28 | 141.95 | -4.77 | 196.71 | 114.53 |
Profitability | |||||
EBIT-% | |||||
ROA | 51.3 % | 39.9 % | -109.3 % | -5.7 % | -21.3 % |
ROE | 99.2 % | 61.2 % | -177.7 % | -11.5 % | -40.1 % |
ROI | 90.2 % | 56.3 % | -162.7 % | -9.6 % | -31.3 % |
Economic value added (EVA) | -90.55 | 240.30 | - 522.53 | 517.19 | 23.11 |
Solvency | |||||
Equity ratio | 57.1 % | 72.4 % | 49.8 % | 53.3 % | 56.0 % |
Gearing | 7.1 % | 7.1 % | 11.2 % | 19.2 % | 40.6 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.8 | 0.9 | 1.2 | 1.6 | 1.8 |
Current ratio | 0.8 | 0.9 | 1.2 | 1.6 | 1.8 |
Cash and cash equivalents | 240.55 | 23.92 | 161.58 | 42.84 | 125.02 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BBB | BB | BB | BB |
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