Renewable Systems Engineering ApS — Credit Rating and Financial Key Figures

CVR number: 40258124
Bakkegårdsvej 1, 2605 Brøndby
lasse.nielsen@renewse.dk

Credit rating

Company information

Official name
Renewable Systems Engineering ApS
Personnel
1 person
Established
2019
Company form
Private limited company
Industry

About Renewable Systems Engineering ApS

Renewable Systems Engineering ApS (CVR number: 40258124) is a company from BRØNDBY. The company recorded a gross profit of 1401.7 kDKK in 2023. The operating profit was 369.6 kDKK, while net earnings were 266.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 33.7 %, which can be considered excellent and Return on Equity (ROE) was 54.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 53.6 %, 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 Systems Engineering ApS's liquidity measured by quick ratio was 2 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 profit1 139.121 303.031 399.681 146.111 401.69
EBIT572.17189.04499.57-52.63369.61
Net earnings438.43-91.33142.34- 132.53266.81
Shareholders equity total438.43347.11489.45356.93623.73
Balance sheet total (assets)932.91851.42959.111 031.841 163.28
Net debt- 508.65- 623.75- 499.24- 792.08-1 060.05
Profitability
EBIT-%
ROA61.3 %21.2 %55.2 %-5.3 %33.7 %
ROE100.0 %-23.3 %34.0 %-31.3 %54.4 %
ROI130.4 %46.8 %111.1 %-11.3 %71.9 %
Economic value added (EVA)439.94129.78368.43-68.62263.02
Solvency
Equity ratio47.0 %40.8 %51.0 %34.6 %53.6 %
Gearing0.1 %6.4 %7.1 %11.5 %0.5 %
Relative net indebtedness %
Liquidity
Quick ratio1.91.71.71.32.0
Current ratio1.91.71.71.32.0
Cash and cash equivalents508.90646.03534.03833.201 063.42
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:33.7%
Rating: 85/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:53.6%
Rating: 42/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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