RAITEX DK ApS — Credit Rating and Financial Key Figures

CVR number: 27088260
Damsbovej 14, 5492 Vissenbjerg

Credit rating

Company information

Official name
RAITEX DK ApS
Established
2003
Company form
Private limited company
Industry
  • Expand more icon13Manufacture of textiles

About RAITEX DK ApS

RAITEX DK ApS (CVR number: 27088260) is a company from ASSENS. The company recorded a gross profit of 1307.9 kDKK in 2023. The operating profit was 910.7 kDKK, while net earnings were 503.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.3 %, which can be considered good but Return on Equity (ROE) was 17.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 29.3 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. RAITEX DK ApS's liquidity measured by quick ratio was 0 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 profit1 306.861 359.921 377.291 352.061 307.92
EBIT909.63962.68980.06954.82910.68
Net earnings453.26518.62554.27555.26503.59
Shareholders equity total1 040.241 558.862 113.132 668.403 171.99
Balance sheet total (assets)12 396.9511 999.7111 602.4811 205.2410 827.15
Net debt10 980.139 853.809 054.538 109.417 222.29
Profitability
EBIT-%
ROA7.2 %7.9 %8.3 %8.4 %8.3 %
ROE55.7 %39.9 %30.2 %23.2 %17.2 %
ROI7.4 %8.2 %8.6 %8.6 %8.5 %
Economic value added (EVA)299.23362.56367.97338.63294.01
Solvency
Equity ratio8.4 %13.0 %18.2 %23.8 %29.3 %
Gearing1055.5 %632.1 %428.5 %303.9 %228.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.0
Current ratio0.0
Cash and cash equivalents19.14
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:8.28%
Rating: 52/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:29.3%
Rating: 26/100
-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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