R&EC Rekrytering AB

ABBankrupt

Org 5569426173Activities of employment placement agencies· NACE 7810Est. 2013 · 13 years old1 employees

Overview

R&EC Rekrytering AB is a Swedish AB, operating in the Activities of employment placement agencies sector. Incorporated in 2013, the company has 1 employee and reported revenue of SEK 95.0k in its latest annual filing.

Revenue 2017

95K SEK

−93% vs 2016

EBITDA margin

−2.1 %

+100% vs 2016

Net profit 2017

5K SEK

+101% vs 2016

Key ratios

See full ratios →

-207.4 %

Very weak

Among the 10% lowest rated companies in the industry

20162017

0.3×

Very weak

Among the 10% lowest rated companies in the industry

20162017

1.5 %

Average

Around the average of companies in the same industry

20162017

EBITDA — year on year

SEK thousands

Key figures

Annual report 2017

Revenue	95K SEK	-93%
EBITDA	-2K SEK	+100%
Net profit	5K SEK	+101%
Total assets	323K SEK	+8%
Equity	-670K SEK	+1%
Employees	1	—

Financial development

In its most recent annual report (2017), R&EC Rekrytering AB reported revenue of SEK 95.0k, a decrease of 93% on the year before. The figures on this page draw on 2 annual filings covering 2016 to 2017. The bottom line showed a net profit of SEK 5.0k, and the EBITDA margin stood at -2.1%.

At the end of 2017, current assets covered short-term debt 0.3 times.

Financials

Revenue

SEK thousands

EBITDA

SEK thousands

Income statement

SEK thousands

Item	2017	2016
Revenue	95	1,295
Staff expenses	—	—
EBITDA	-2	-765
Depreciation & amort.	-0	-0
EBIT	-2	-765
Net financials	3	—
Profit before tax	6	-771
Tax	-1	-0
Net profit	5	-771

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Balance sheet

SEK thousands

Item	2017	2016
Total assets	323	300
Equity	-670	-674
Long-term debt	0	0
Short-term debt	993	975
Total debt	993	975

Financial ratios

5-year trend

EBITDA margin

-2.1 %

20162017

Equity ratio

-207.4 %

Very weak

Among the 10% lowest rated companies in the industry

20162017

Return on equity

—

20162017

Net profit margin

5.3 %

Average

Around the average of companies in the same industry

20162017

Asset turnover

0.29×

Weak

Among the 30% lowest rated companies in the industry

20162017

Debt / equity

—

20162017

Sector performance

17 of 28 ratios graded

28 financial ratios from the latest filing, each graded against companies in the same industry.

Profitability

Operating marginWeak

Among the 30% lowest rated companies in the industry

EBIT as a share of revenue — the share of revenue remaining as earnings once all operating costs are covered. A key measure of earning power.

Net profit marginAverage

Around the average of companies in the same industry

The profit for the year as a share of revenue — the company's ability to turn revenue into profit.

Return on assets (ROA)Average

Around the average of companies in the same industry

Net profit as a percentage of total assets — the return generated on the capital employed.

Basic earning power (BEP)Weak

Among the 40% lowest rated companies in the industry

EBIT relative to total assets — the company's earning power before the effects of tax and financial leverage.

Gross marginNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

The gross result as a share of revenue — how much of the revenue is left after variable costs to cover the company's fixed costs.

Return on equity (ROE)Not rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Net profit as a percentage of equity — the return the owners earned on their invested capital this year.

Return on net assets (RONA)Not rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Profit relative to net assets (total assets minus total debt) — the ability to generate earnings from the net asset base alone.

Capacity ratioNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Shows how strongly fixed costs weigh on the gross result — a high ratio means fixed costs take only a small bite out of the earnings from basic operations.

Liquidity

Current ratioVery weak

Among the 10% lowest rated companies in the industry

Current assets relative to short-term debt — the ability to settle short-term obligations with current assets alone. Around 150% is considered satisfactory from a credit perspective.

Quick ratioVery weak

Among the 10% lowest rated companies in the industry

Current assets excluding inventory relative to short-term debt — whether the most liquid assets alone can cover the short-term obligations. A value of 1 or above signals a healthy liquidity position.

Cash ratioVery weak

Among the 20% lowest rated companies in the industry

Cash relative to short-term debt — the ability to repay short-term obligations with cash alone.

Cash conversion ratioVery weak

Among the 10% lowest rated companies in the industry

Cash flow relative to profit — the ability to convert reported profits into accessible cash.

Current assets to equityNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Current assets relative to equity — an indicator of the balance-sheet structure and of the company's short- and long-term financing. The healthy level is highly industry-dependent.

Fixed assets to long-term capitalNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Fixed assets relative to long-term capital (equity plus long-term liabilities). Below 100% means the long-term capital finances more than just the fixed assets — a healthier liquidity position.

Debt & solvency

Solidity ratioVery weak

Among the 10% lowest rated companies in the industry

Equity as a share of total assets — the ability to absorb losses. Around 40% is considered satisfactory from a credit perspective.

Debt ratioVery weak

Among the 10% lowest rated companies in the industry

Total debt relative to the balance-sheet total — the share of the assets financed by debt rather than equity.

Income to debtWeak

Among the 40% lowest rated companies in the industry

Profit relative to debt — the ability to create earnings while operating with debt.

EBITDA to debtWeak

Among the 40% lowest rated companies in the industry

EBITDA relative to debt — how much operating earnings are available to service the debt.

Interest rate on debtVery strong

Among the 10% highest rated companies in the industry

Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.

Interest marginAverage

Around the average of companies in the same industry

The return on assets minus the interest rate on debt. Positive means the company benefits from operating with debt; negative means the debt makes it worse off.

Debt to equityNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Debt relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.

Liabilities to equityNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Total liabilities relative to equity — whether the company operates primarily on borrowed capital or on its own.

Interest coverageNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

The ability to pay the interest on the company's debt out of its earnings.

Efficiency & development

Asset turnoverWeak

Among the 30% lowest rated companies in the industry

Revenue relative to total assets — the ability to generate revenue from the asset base.

Equity to contributed capitalVery weak

Among the 10% lowest rated companies in the industry

Total equity relative to the capital the owners contributed — how the equity has developed from its starting point.

One-year change in debtAverage

Around the average of companies in the same industry

The size of this year's increase or decrease in the company's debt.

Inventory turnoverNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Revenue relative to inventory — how many times a year the inventory is sold and replaced. A low value can indicate weak sales or excess inventory.

One-year change in equityNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

The size of this year's increase or decrease in the company's equity.

Annual reports & filings

Annual report 2017
Filed via Bolagsverket / SCB · Period 2016-07-01 – 2017-06-30
Annual report 2016
Filed via Bolagsverket / SCB · Period 2015-07-01 – 2016-06-30

People & ownership

Management

Actively employed in the business

Name	Role	Member since
Current (1)
JI Jan Ivar Pyrell Liquidator	Liquidator	2020

Former (1)


LE Lars Evald Torstensson Liquidator	Liquidator	2020 – 2020

Board of directors

Non-executive oversight

No data on file.

Shareholders

Active legal owners

No shareholder data available.

One in three Danish companies experiences fraud

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Related companies

Company hierarchy

No registered parent or subsidiaries

Board network connections

Board members of R&EC Rekrytering AB also hold positions in 95 other companies.

Person	Role here	Other companies
Jan Ivar Pyrell	Liquidator	94 companiesMany roles
Lars Evald Torstensson	Liquidator	1 company

Frequently asked questions

What is the Org number of R&EC Rekrytering AB?

R&EC Rekrytering AB is registered with Bolagsverket / SCB under Org 5569426173.

What is the revenue of R&EC Rekrytering AB?

R&EC Rekrytering AB reported revenue of SEK 95.0k in 2017.

How many employees does R&EC Rekrytering AB have?

R&EC Rekrytering AB employs 1 people as of the latest annual report.