Rungsted Tech ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Rungsted Tech ApS
Rungsted Tech ApS (CVR number: 34608725) is a company from TÅRNBY. The company recorded a gross profit of 164.8 kDKK in 2023. The operating profit was -100 kDKK, while net earnings were -100.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -15.9 %, which can be considered poor and Return on Equity (ROE) was -50.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -62.4 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Rungsted Tech ApS's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | - 288.14 | ||||
Gross profit | - 295.63 | -6.47 | -15.23 | 164.82 | |
EBIT | - 295.63 | -6.47 | -15.23 | - 152.27 | - 100.04 |
Net earnings | - 303.58 | -7.09 | -21.55 | - 134.57 | - 100.06 |
Shareholders equity total | - 214.92 | - 222.01 | - 243.57 | - 378.14 | - 478.20 |
Balance sheet total (assets) | 14.00 | 5.09 | 266.26 | 133.32 | |
Net debt | 211.87 | -5.09 | 605.98 | 541.79 | |
Profitability | |||||
EBIT-% | |||||
ROA | -110.2 % | -2.8 % | -6.5 % | -17.1 % | -15.9 % |
ROE | -591.5 % | -74.3 % | -847.0 % | -50.5 % | -50.1 % |
ROI | -115.4 % | -3.0 % | -6.7 % | -17.5 % | -16.9 % |
Economic value added (EVA) | - 284.71 | 4.32 | -3.82 | - 140.03 | -79.64 |
Solvency | |||||
Equity ratio | -93.9 % | -97.8 % | -100.0 % | -15.3 % | -62.4 % |
Gearing | -98.6 % | -167.6 % | -115.4 % | ||
Relative net indebtedness % | -79.4 % | ||||
Liquidity | |||||
Quick ratio | 0.1 | 0.7 | 9.4 | 1.4 | |
Current ratio | 0.1 | 0.7 | 24.8 | 2.2 | |
Cash and cash equivalents | 5.09 | 27.88 | 9.96 | ||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 74.6 % | ||||
Credit risk | |||||
Credit rating | B | BB | BB | BB | BB |
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