MASKINFABRIKKEN REKA A/S — Credit Rating and Financial Key Figures

CVR number: 88113217
Vestvej 7, 9600 Aars

Credit rating

Company information

Official name
MASKINFABRIKKEN REKA A/S
Personnel
19 persons
Established
1979
Company form
Limited company
Industry
  • Expand more icon25Manufacture of fabricated metal products, except machinery and equipment

About MASKINFABRIKKEN REKA A/S

MASKINFABRIKKEN REKA A/S (CVR number: 88113217) is a company from VESTHIMMERLANDS. The company recorded a gross profit of 9326.8 kDKK in 2023. The operating profit was 2148 kDKK, while net earnings were 1616 kDKK. The profitability of the company measured by Return on Assets (ROA) was 24.5 %, which can be considered excellent and Return on Equity (ROE) was 37.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 57.3 %, 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. MASKINFABRIKKEN REKA A/S'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 profit5 710.896 052.955 449.299 789.849 326.79
EBIT268.08124.35537.943 132.132 148.03
Net earnings140.05306.39557.812 541.741 615.99
Shareholders equity total1 917.552 223.942 381.754 523.494 139.48
Balance sheet total (assets)9 142.987 287.007 884.319 690.199 039.07
Net debt3 505.11839.401 206.61- 833.77128.09
Profitability
EBIT-%
ROA3.2 %4.3 %9.0 %37.5 %24.5 %
ROE5.8 %14.8 %24.2 %73.6 %37.3 %
ROI5.0 %7.5 %18.9 %79.0 %49.5 %
Economic value added (EVA)62.7642.78369.652 334.381 494.88
Solvency
Equity ratio22.7 %36.7 %40.1 %63.4 %57.3 %
Gearing193.2 %53.0 %56.0 %0.0 %5.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.50.70.92.42.0
Current ratio1.11.21.21.71.8
Cash and cash equivalents199.19339.66126.52835.8596.09
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAA

Variable visualization

ROA:24.5%
Rating: 80/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:57.3%
Rating: 45/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Board member
Board member
Board member

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