ReefCircular ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About ReefCircular ApS
ReefCircular ApS (CVR number: 44601478) is a company from KØBENHAVN. The company recorded a gross profit of 562.8 kDKK in 2024. The operating profit was -145.6 kDKK, while net earnings were -145.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -55.3 %, which can be considered poor and Return on Equity (ROE) was -92.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -40.1 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. ReefCircular ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials| 2024 | |
|---|---|
| Volume | |
| Net sales | |
| Gross profit | 562.83 | 
| EBIT | - 145.61 | 
| Net earnings | - 145.44 | 
| Shareholders equity total | - 105.44 | 
| Balance sheet total (assets) | 157.32 | 
| Net debt | 61.20 | 
| Profitability | |
| EBIT-% | |
| ROA | -55.3 % | 
| ROE | -92.4 % | 
| ROI | -85.4 % | 
| Economic value added (EVA) | - 145.61 | 
| Solvency | |
| Equity ratio | -40.1 % | 
| Gearing | -161.5 % | 
| Relative net indebtedness % | |
| Liquidity | |
| Quick ratio | 0.6 | 
| Current ratio | 0.6 | 
| Cash and cash equivalents | 109.02 | 
| Capital use efficiency | |
| Trade debtors turnover (days) | |
| Net working capital % | |
| Credit risk | |
| Credit rating | B | 
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