Rectus Nordic ApS — Credit Rating and Financial Key Figures

CVR number: 39019248
Møgelgårdsvej 11, 8520 Lystrup

Credit rating

Company information

Official name
Rectus Nordic ApS
Personnel
4 persons
Established
2017
Company form
Private limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About Rectus Nordic ApS

Rectus Nordic ApS (CVR number: 39019248) is a company from AARHUS. The company recorded a gross profit of 2108.5 kDKK in 2023. The operating profit was 162 kDKK, while net earnings were 126.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.6 %, which can be considered good but Return on Equity (ROE) was 16.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 40.2 %, 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. Rectus Nordic ApS's liquidity measured by quick ratio was 0.4 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit3 280.302 524.362 093.082 045.062 108.53
EBIT764.05290.2992.67- 112.40162.01
Net earnings591.44202.9437.67- 128.26126.29
Shareholders equity total810.76913.70851.37723.11844.08
Balance sheet total (assets)1 850.941 980.732 015.581 905.472 100.32
Net debt19.43- 208.76192.78327.83257.04
Profitability
EBIT-%
ROA45.8 %15.3 %4.7 %-5.8 %8.6 %
ROE114.8 %23.5 %4.3 %-16.3 %16.1 %
ROI77.8 %24.1 %7.6 %-10.2 %15.4 %
Economic value added (EVA)585.50193.4029.63- 125.46114.69
Solvency
Equity ratio43.8 %46.1 %42.2 %37.9 %40.2 %
Gearing34.9 %21.5 %38.8 %45.9 %40.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.70.80.50.50.4
Current ratio1.61.91.41.41.4
Cash and cash equivalents263.37404.77137.874.1982.67
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBBBBA

Variable visualization

ROA:8.62%
Rating: 53/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:40.2%
Rating: 33/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Chief executive officer

Companies in the same industry

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