RTX A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About RTX A/S
RTX A/S (CVR number: 17002147) is a company from AALBORG. The company reported a net sales of 555.9 mDKK in 2020, demonstrating a decline of -0.8 % compared to the previous year. The operating profit percentage was at 14.2 % (EBIT: 78.7 mDKK), while net earnings were 63.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was 17 %, which can be considered excellent and Return on Equity (ROE) was 18.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 63.4 %, 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. RTX A/S's liquidity measured by quick ratio was 2.8 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2016 | 2017 | 2018 | 2019 | 2020 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 395.43 | 433.46 | 475.33 | 560.27 | 555.87 |
Gross profit | 160.92 | 178.80 | 193.63 | 235.97 | 245.15 |
EBIT | 63.80 | 69.90 | 71.97 | 83.77 | 78.72 |
Net earnings | 52.43 | 56.09 | 62.62 | 71.91 | 63.41 |
Shareholders equity total | 275.74 | 277.70 | 308.19 | 342.55 | 349.43 |
Balance sheet total (assets) | 370.85 | 369.32 | 441.14 | 484.90 | 552.65 |
Net debt | - 153.75 | - 103.43 | - 148.49 | - 189.69 | - 159.62 |
Profitability | |||||
EBIT-% | 16.1 % | 16.1 % | 15.1 % | 15.0 % | 14.2 % |
ROA | 33.3 % | 19.3 % | 19.6 % | 20.0 % | 17.0 % |
ROE | 38.0 % | 20.3 % | 21.4 % | 22.1 % | 18.3 % |
ROI | 39.4 % | 23.4 % | 24.8 % | 25.9 % | 21.4 % |
Economic value added (EVA) | 47.20 | 42.73 | 42.35 | 48.66 | 43.47 |
Solvency | |||||
Equity ratio | 74.5 % | 75.3 % | 70.0 % | 71.7 % | 63.4 % |
Gearing | 9.3 % | 9.1 % | 9.3 % | 9.9 % | 8.7 % |
Relative net indebtedness % | -21.3 % | -8.5 % | -9.3 % | -14.5 % | 2.4 % |
Liquidity | |||||
Quick ratio | 3.0 | 2.8 | 2.5 | 2.8 | 2.8 |
Current ratio | 3.2 | 3.1 | 2.6 | 2.8 | 2.9 |
Cash and cash equivalents | 179.39 | 128.58 | 177.05 | 223.76 | 189.98 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 58.8 | 70.7 | 94.8 | 76.0 | 95.5 |
Net working capital % | 29.9 % | 20.2 % | 19.0 % | 17.1 % | 17.8 % |
Credit risk | |||||
Credit rating | AAA | AAA | AAA | AAA | AAA |
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