RACELL POWER SYSTEMS A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 59.1 kDKK in 2024. The operating profit was 59.1 kDKK, while net earnings were -127.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.8 %, which can be considered weak but Return on Equity (ROE) was -5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 96.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. RACELL POWER SYSTEMS A/S's liquidity measured by quick ratio was 20.3 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 3 644.47 | -2 553.07 | 2 196.53 | -3 728.28 | 59.10 |
EBIT | 3 644.47 | -2 553.07 | 2 196.53 | -3 728.28 | 59.10 |
Net earnings | 2 842.47 | -2 000.32 | 229.52 | -3 079.85 | - 127.30 |
Shareholders equity total | 3 314.34 | 1 314.02 | 1 543.54 | -1 536.31 | 2 648.08 |
Balance sheet total (assets) | 6 196.78 | 3 945.57 | 7 666.01 | 2 445.25 | 2 751.50 |
Net debt | 443.44 | - 789.75 | -65.22 | 3 156.78 | - 717.05 |
Profitability | |||||
EBIT-% | |||||
ROA | 72.8 % | -50.3 % | 37.9 % | -64.0 % | 1.8 % |
ROE | 150.1 % | -86.4 % | 16.1 % | -154.4 % | -5.0 % |
ROI | 109.1 % | -86.6 % | 91.0 % | -110.4 % | 1.8 % |
Economic value added (EVA) | 2 705.70 | -2 190.15 | 1 462.06 | -3 053.39 | -52.32 |
Solvency | |||||
Equity ratio | 53.5 % | 33.3 % | 20.1 % | -38.6 % | 96.2 % |
Gearing | 19.3 % | 47.6 % | 87.4 % | -251.3 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.0 | 1.3 | 1.2 | 0.5 | 20.3 |
Current ratio | 2.0 | 1.3 | 1.2 | 0.5 | 20.3 |
Cash and cash equivalents | 197.65 | 1 415.60 | 1 413.83 | 704.54 | 717.05 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | B | BBB |
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