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

CVR number: 88113217
Vestvej 7, 9600 Aars
Free credit report Annual report

Company information

Official name
MASKINFABRIKKEN REKA A/S
Personnel
16 persons
Established
1979
Company form
Limited company
Industry

About MASKINFABRIKKEN REKA A/S

MASKINFABRIKKEN REKA A/S (CVR number: 88113217) is a company from VESTHIMMERLANDS. The company recorded a gross profit of 9377.9 kDKK in 2024. The operating profit was 2801.9 kDKK, while net earnings were 2245.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 34.7 %, which can be considered excellent and Return on Equity (ROE) was 50.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 62.8 %, 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. MASKINFABRIKKEN REKA A/S's liquidity measured by quick ratio was 1.8 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit6 052.955 449.299 789.849 326.799 377.85
EBIT124.35537.943 132.132 148.032 801.92
Net earnings306.39557.812 541.741 615.992 245.87
Shareholders equity total2 223.942 381.754 523.494 139.484 785.35
Balance sheet total (assets)7 287.007 884.319 690.199 039.077 763.10
Net debt839.401 206.61- 833.77128.09- 152.39
Profitability
EBIT-%
ROA4.3 %9.0 %37.5 %24.5 %34.7 %
ROE14.8 %24.2 %73.6 %37.3 %50.3 %
ROI7.5 %18.9 %79.0 %49.5 %58.5 %
Economic value added (EVA)- 156.81290.832 259.181 450.071 948.41
Solvency
Equity ratio36.7 %40.1 %63.4 %57.3 %62.8 %
Gearing53.0 %56.0 %0.0 %5.4 %2.7 %
Relative net indebtedness %
Liquidity
Quick ratio0.70.92.42.01.8
Current ratio1.21.21.71.82.5
Cash and cash equivalents339.66126.52835.8596.09280.86
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBAA

Variable visualization

ROA:34.7%
Rating: 86/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:62.8%
Rating: 48/100
-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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