RECO ApS — Credit Rating and Financial Key Figures

RECO ApS (CVR number: 31073782) is a company from RANDERS. The company recorded a gross profit of 2642 kDKK in 2020. The operating profit was -2256.2 kDKK, while net earnings were -1773.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -73 %, which can be considered poor and Return on Equity (ROE) was -113.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -28.6 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. RECO ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.