RINO PLAST ApS — Credit Rating and Financial Key Figures

CVR number: 17884549
Christianshave 11, 3400 Hillerød

Credit rating

Company information

Official name
RINO PLAST ApS
Established
1994
Company form
Private limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About RINO PLAST ApS

RINO PLAST ApS (CVR number: 17884549) is a company from HILLERØD. The company reported a net sales of 1.2 mDKK in 2023, demonstrating a growth of 112.4 % compared to the previous year. The operating profit percentage was at 91.8 % (EBIT: 1.1 mDKK), while net earnings were 1458.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 49.5 %, which can be considered excellent and Return on Equity (ROE) was 41.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 91.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. RINO PLAST ApS's liquidity measured by quick ratio was 11.8 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales624.93700.84286.95562.391 194.45
Gross profit474.06556.97150.53427.501 096.62
EBIT474.06556.97150.53427.501 096.62
Net earnings366.31593.98424.21199.861 458.44
Shareholders equity total1 946.982 440.952 765.162 865.034 123.47
Balance sheet total (assets)1 966.072 584.732 938.223 056.274 505.80
Net debt-1 666.41-2 543.75-2 862.11-2 947.13-4 475.20
Profitability
EBIT-%75.9 %79.5 %52.5 %76.0 %91.8 %
ROA28.6 %33.6 %20.0 %15.3 %49.5 %
ROE20.2 %27.1 %16.3 %7.1 %41.7 %
ROI29.7 %34.8 %21.0 %15.9 %52.9 %
Economic value added (EVA)357.28419.46122.02333.54863.48
Solvency
Equity ratio99.0 %94.4 %94.1 %93.7 %91.5 %
Gearing1.8 %3.2 %0.0 %
Relative net indebtedness %-263.7 %-342.5 %-954.6 %-506.6 %-342.8 %
Liquidity
Quick ratio106.518.017.016.011.8
Current ratio106.518.017.016.011.8
Cash and cash equivalents1 666.412 543.752 911.733 039.524 476.26
Capital use efficiency
Trade debtors turnover (days)
Net working capital %95.7 %-1.4 %-22.4 %-21.5 %-18.6 %
Credit risk
Credit ratingBBBAABBBBBB

Variable visualization

ROA:49.5%
Rating: 94/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:91.5%
Rating: 72/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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