Rustfasta Work ApS — Credit Rating and Financial Key Figures

CVR number: 38355813
Durupvej 28 A, Glyngøre 7870 Roslev

Credit rating

Company information

Official name
Rustfasta Work ApS
Personnel
1 person
Established
2017
Domicile
Glyngøre
Company form
Private limited company
Industry
  • Expand more icon25Manufacture of fabricated metal products, except machinery and equipment

About Rustfasta Work ApS

Rustfasta Work ApS (CVR number: 38355813) is a company from SKIVE. The company recorded a gross profit of 530.7 kDKK in 2023. The operating profit was -4.6 kDKK, while net earnings were -5.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1 %, which can be considered poor and Return on Equity (ROE) was -2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 64.7 %, 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. Rustfasta Work ApS'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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit758.45683.70584.28626.43530.72
EBIT449.39176.71- 101.4338.11-4.64
Net earnings348.78136.20-86.1322.91-5.64
Shareholders equity total302.31438.52352.39318.10253.56
Balance sheet total (assets)564.69713.99467.30455.77391.85
Net debt- 281.01- 340.23- 255.93- 250.08- 349.79
Profitability
EBIT-%
ROA111.1 %27.6 %-17.2 %8.3 %-1.0 %
ROE139.4 %36.8 %-21.8 %6.8 %-2.0 %
ROI248.8 %44.6 %-24.3 %11.4 %-1.5 %
Economic value added (EVA)352.79140.97-77.0924.60-7.25
Solvency
Equity ratio53.5 %61.4 %75.4 %69.8 %64.7 %
Gearing3.2 %9.1 %
Relative net indebtedness %
Liquidity
Quick ratio3.02.33.12.72.8
Current ratio3.02.33.12.72.8
Cash and cash equivalents290.79380.00255.93250.08349.79
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBABBBBBBBB

Variable visualization

ROA:-1.02%
Rating: 19/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:64.7%
Rating: 49/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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