RENO A/S

CVR number: 75164513
Åmarksvej 1, 8250 Egå

Credit rating

Company information

Official name
RENO A/S
Personnel
52 persons
Established
1984
Company form
Limited company
Industry
  • Expand more icon28Manufacture of machinery and equipment n.e.c.

About the company

RENO A/S (CVR number: 75164513) is a company from AARHUS. The company recorded a gross profit of 34 mDKK in 2023. The operating profit was 5941.1 kDKK, while net earnings were 4224.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14.4 %, which can be considered good but Return on Equity (ROE) was 23.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 52.1 %, 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. RENO A/S's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit7 890.4033 008.7435 241.2630 137.2833 990.64
EBIT701.637 806.828 746.513 758.365 941.14
Net earnings474.975 905.546 357.242 529.394 224.66
Shareholders equity total20 832.7124 738.2418 095.4915 624.8819 849.54
Balance sheet total (assets)45 019.6245 577.0944 737.8642 100.3440 634.76
Net debt8 340.72-3 960.901 817.7719 802.2010 804.74
Profitability
EBIT-%
ROA1.5 %17.4 %19.4 %8.7 %14.4 %
ROE2.3 %25.9 %29.7 %15.0 %23.8 %
ROI2.3 %24.5 %27.6 %11.9 %21.0 %
Economic value added (EVA)- 493.565 179.386 147.662 547.973 650.17
Solvency
Equity ratio46.3 %54.3 %40.4 %37.1 %52.1 %
Gearing53.9 %30.2 %73.2 %102.0 %25.8 %
Relative net indebtedness %
Liquidity
Quick ratio1.32.11.30.91.2
Current ratio2.43.42.32.21.9
Cash and cash equivalents2 886.7611 434.1811 434.18-3 869.01-5 692.40
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAAAA

Variable visualization

ROA:14.4%
Rating: 65/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:52.1%
Rating: 41/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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