Rekon ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Rekon ApS
Rekon ApS (CVR number: 37801542) is a company from AARHUS. The company recorded a gross profit of -0.4 kDKK in 2019. The operating profit was -6.2 kDKK, while net earnings were -5.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.6 %, which can be considered poor and Return on Equity (ROE) was -3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 64.6 %, 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. Rekon ApS's liquidity measured by quick ratio was 2.8 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 financials2016 | 2017 | 2018 | 2019 | |
|---|---|---|---|---|
| Volume | ||||
| Net sales | ||||
| Gross profit | 51.87 | 81.26 | 201.00 | -0.40 |
| EBIT | 51.87 | 75.41 | 195.16 | -6.24 |
| Net earnings | 40.11 | 58.26 | 151.39 | -5.21 |
| Shareholders equity total | 40.11 | 98.36 | 249.75 | 94.55 |
| Balance sheet total (assets) | 84.60 | 144.57 | 328.43 | 146.39 |
| Net debt | -62.05 | - 128.72 | - 304.62 | -86.49 |
| Profitability | ||||
| EBIT-% | ||||
| ROA | 61.3 % | 65.8 % | 82.5 % | -2.6 % |
| ROE | 100.0 % | 84.1 % | 87.0 % | -3.0 % |
| ROI | 112.5 % | 104.1 % | 107.4 % | -3.2 % |
| Economic value added (EVA) | 40.40 | 60.57 | 156.66 | -1.67 |
| Solvency | ||||
| Equity ratio | 47.4 % | 68.0 % | 76.0 % | 64.6 % |
| Gearing | 12.5 % | 5.4 % | 28.5 % | |
| Relative net indebtedness % | ||||
| Liquidity | ||||
| Quick ratio | 1.5 | 2.9 | 4.2 | 2.8 |
| Current ratio | 1.5 | 2.9 | 4.2 | 2.8 |
| Cash and cash equivalents | 67.07 | 128.72 | 318.18 | 113.48 |
| Capital use efficiency | ||||
| Trade debtors turnover (days) | ||||
| Net working capital % | ||||
| Credit risk | ||||
| Credit rating | BB | BB | BB | B |
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