RENOLIT NORDIC A/S — Credit Rating and Financial Key Figures

CVR number: 34715599
Naverland 31, 2600 Glostrup
renolit.nordic@renolit.com
tel: 43644633

Credit rating

Company information

Official name
RENOLIT NORDIC A/S
Personnel
7 persons
Established
2012
Company form
Limited company
Industry
  • Expand more icon468600

About RENOLIT NORDIC A/S

RENOLIT NORDIC A/S (CVR number: 34715599) is a company from ALBERTSLUND. The company recorded a gross profit of 16 mDKK in 2023. The operating profit was 7709.4 kDKK, while net earnings were 6397.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 31.6 %, which can be considered excellent and Return on Equity (ROE) was 30.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 73.2 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. RENOLIT NORDIC A/S'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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit10 856.0012 551.0014 509.0019 019.0016 026.16
EBIT3 509.005 241.007 844.0012 092.007 709.42
Net earnings2 817.004 267.006 413.008 983.006 397.06
Shareholders equity total15 710.0017 177.0019 889.0022 472.0019 869.26
Balance sheet total (assets)23 227.0031 060.0035 914.0035 106.0027 144.66
Net debt- 508.001 120.00-2 675.00499.00-2 882.00
Profitability
EBIT-%
ROA16.6 %23.9 %26.1 %34.1 %31.6 %
ROE18.3 %25.9 %34.6 %42.4 %30.2 %
ROI20.6 %28.6 %29.7 %37.7 %36.0 %
Economic value added (EVA)2 182.803 531.335 675.849 204.375 304.37
Solvency
Equity ratio67.6 %55.3 %55.4 %64.0 %73.2 %
Gearing19.5 %52.1 %64.6 %40.3 %15.1 %
Relative net indebtedness %
Liquidity
Quick ratio2.01.71.61.72.4
Current ratio3.22.22.22.83.7
Cash and cash equivalents3 570.007 824.0015 532.008 563.005 878.45
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:31.6%
Rating: 84/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:73.2%
Rating: 55/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member

Companies in the same industry

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