Re-invent ApS — Credit Rating and Financial Key Figures

Re-invent ApS (CVR number: 39396106) is a company from VARDE. The company recorded a gross profit of -8.2 kDKK in 2018. The operating profit was -8.2 kDKK, while net earnings were -8.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -14.3 %, which can be considered poor and Return on Equity (ROE) was -15.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 90.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Re-invent ApS's liquidity measured by quick ratio was 10.8 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.