RACELL POWER SYSTEMS A/S

CVR number: 34625239
Roskildevej 22, 2620 Albertslund
racell@racell.com
tel: 33259645
www.racell.com

Credit rating

Company information

Official name
RACELL POWER SYSTEMS A/S
Established
2012
Company form
Limited company
Industry
  • Expand more icon71Architectural and engineering activities; technical testing and analysis

About RACELL POWER SYSTEMS A/S

RACELL POWER SYSTEMS A/S (CVR number: 34625239) is a company from ALBERTSLUND. The company recorded a gross profit of -3728.3 kDKK in 2023. The operating profit was -3728.3 kDKK, while net earnings were -3079.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -64 %, which can be considered poor and Return on Equity (ROE) was -154.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -38.6 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. RACELL POWER SYSTEMS A/S's liquidity measured by quick ratio was 0.5 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit712.933 644.47-2 553.072 196.53-3 728.28
EBIT712.933 644.47-2 553.072 196.53-3 728.28
Net earnings556.092 842.47-2 000.32229.52-3 079.85
Shareholders equity total471.883 314.341 314.021 543.54-1 536.31
Balance sheet total (assets)3 816.886 196.783 945.577 666.012 445.25
Net debt2 253.85443.44- 789.75-65.223 156.78
Profitability
EBIT-%
ROA17.7 %72.8 %-50.3 %37.9 %-64.0 %
ROE24.0 %150.1 %-86.4 %16.1 %-154.4 %
ROI44.1 %109.1 %-86.6 %91.0 %-110.4 %
Economic value added (EVA)564.442 800.19-2 166.851 545.79-2 933.42
Solvency
Equity ratio12.4 %53.5 %33.3 %20.1 %-38.6 %
Gearing477.8 %19.3 %47.6 %87.4 %-251.3 %
Relative net indebtedness %
Liquidity
Quick ratio1.02.01.31.20.5
Current ratio1.02.01.31.20.5
Cash and cash equivalents0.69197.651 415.601 413.83704.54
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:-64.0%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-38.6%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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