Credit rating
Company information
About REACH Active ApS
REACH Active ApS (CVR number: 38871862) is a company from KØBENHAVN. The company recorded a gross profit of 1695 kDKK in 2021. The operating profit was 1663.8 kDKK, while net earnings were 1662.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 41.9 %, which can be considered excellent and Return on Equity (ROE) was 172.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at -56.4 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. REACH Active ApS's liquidity measured by quick ratio was 192.6 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 financials2017 | 2018 | 2019 | 2020 | 2021 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -1 411.42 | -1 135.78 | - 608.86 | 1 695.04 | |
EBIT | -2 870.25 | -3 869.81 | -1 613.66 | 1 663.84 | |
Net earnings | -2 443.09 | -3 548.74 | -1 624.26 | 1 662.94 | |
Shareholders equity total | 1 331.91 | -2 216.82 | -3 841.08 | -2 178.15 | |
Balance sheet total (assets) | 1 695.56 | 2 144.07 | 238.71 | 1 686.30 | |
Net debt | -1 160.49 | 2 231.08 | 3 630.80 | 3 546.25 | |
Profitability | |||||
EBIT-% | |||||
ROA | -169.3 % | -127.8 % | -38.2 % | 41.9 % | |
ROE | -183.4 % | -204.2 % | -136.3 % | 172.8 % | |
ROI | -215.5 % | -146.4 % | -41.3 % | 43.2 % | |
Economic value added (EVA) | -2 442.99 | -3 445.70 | -1 614.38 | 1 868.16 | |
Solvency | |||||
Equity ratio | 78.6 % | -50.8 % | -94.1 % | -56.4 % | |
Gearing | -173.9 % | -100.4 % | -177.0 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 4.6 | 5.2 | 1.1 | 192.6 | |
Current ratio | 4.6 | 5.2 | 1.1 | 192.6 | |
Cash and cash equivalents | 1 160.49 | 1 624.61 | 224.90 | 309.45 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | C | B | B | C | C |
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