Renewable Engineering Support ApS — Credit Rating and Financial Key Figures

CVR number: 38969471
Mosekrogen 39, 2860 Søborg

Credit rating

Company information

Official name
Renewable Engineering Support ApS
Personnel
1 person
Established
2017
Company form
Private limited company
Industry
  • Expand more icon71Architectural and engineering activities; technical testing and analysis

About Renewable Engineering Support ApS

Renewable Engineering Support ApS (CVR number: 38969471) is a company from GLADSAXE. The company recorded a gross profit of 1379.7 kDKK in 2024. The operating profit was 307.7 kDKK, while net earnings were 233.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 54.7 %, which can be considered excellent and Return on Equity (ROE) was 70.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 58.2 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Renewable Engineering Support ApS's liquidity measured by quick ratio was 2.4 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit1 336.221 137.991 236.771 313.901 379.75
EBIT346.86196.37258.79319.36307.75
Net earnings267.63149.17200.96245.82233.87
Shareholders equity total491.85391.01341.98337.80321.67
Balance sheet total (assets)1 108.62578.31542.56577.27552.35
Net debt- 762.89- 547.84- 512.83- 548.43- 320.10
Profitability
EBIT-%
ROA43.3 %23.3 %46.2 %57.1 %54.7 %
ROE74.8 %33.8 %54.8 %72.3 %70.9 %
ROI96.9 %44.5 %70.6 %94.1 %93.6 %
Economic value added (EVA)281.81165.08210.11254.16243.95
Solvency
Equity ratio44.4 %67.6 %63.0 %58.5 %58.2 %
Gearing0.1 %
Relative net indebtedness %
Liquidity
Quick ratio1.83.02.62.42.4
Current ratio1.83.02.62.42.4
Cash and cash equivalents762.89547.84512.83548.43320.37
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:54.7%
Rating: 97/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:58.2%
Rating: 45/100
-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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