Renewable-Energy2X ApS

CVR number: 42044520
Gydevang 35, 3450 Allerød

Credit rating

Company information

Official name
Renewable-Energy2X ApS
Established
2021
Company form
Private limited company
Industry
  • Expand more icon71Architectural and engineering activities; technical testing and analysis

About Renewable-Energy2X ApS

Renewable-Energy2X ApS (CVR number: 42044520) is a company from ALLERØD. The company recorded a gross profit of 583.1 kDKK in 2023. The operating profit was 583.1 kDKK, while net earnings were 455.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 40.5 %, which can be considered excellent and Return on Equity (ROE) was 40.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 71.6 %, 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. Renewable-Energy2X ApS's liquidity measured by quick ratio was 3.5 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
202120222023
Volume
Net sales
Gross profit808.73279.35583.09
EBIT808.73279.35583.09
Net earnings619.57216.12455.38
Shareholders equity total669.58885.691 341.07
Balance sheet total (assets)866.691 018.421 872.06
Net debt- 796.62- 976.94-1 159.19
Profitability
EBIT-%
ROA93.3 %29.6 %40.5 %
ROE92.5 %27.8 %40.9 %
ROI120.8 %35.9 %52.5 %
Economic value added (EVA)628.24229.60459.24
Solvency
Equity ratio77.3 %87.0 %71.6 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio4.47.73.5
Current ratio4.47.73.5
Cash and cash equivalents796.62976.941 159.19
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBB

Variable visualization

ROA:40.5%
Rating: 89/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:71.6%
Rating: 54/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Chief executive officer

Companies in the same industry

Build time: 2024-10-21T13:51:39.669Z

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