Rendbæk Kartofler ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Rendbæk Kartofler ApS
Rendbæk Kartofler ApS (CVR number: 39352419) is a company from JAMMERBUGT. The company recorded a gross profit of 18.4 kDKK in 2023. The operating profit was -21.2 kDKK, while net earnings were -34 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.6 %, which can be considered poor and Return on Equity (ROE) was -10.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 45.6 %, 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. Rendbæk Kartofler ApS'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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 54.23 | 70.67 | 348.80 | 218.04 | 18.43 |
EBIT | 30.04 | 59.08 | 304.10 | 170.94 | -21.19 |
Net earnings | 4.33 | 34.71 | 217.18 | 121.22 | -34.04 |
Shareholders equity total | 68.30 | 103.02 | 320.19 | 382.52 | 289.57 |
Balance sheet total (assets) | 472.55 | 658.48 | 784.26 | 983.43 | 635.60 |
Net debt | 210.37 | - 224.59 | - 482.00 | - 866.63 | - 446.80 |
Profitability | |||||
EBIT-% | |||||
ROA | 5.9 % | 10.4 % | 42.2 % | 19.3 % | -2.6 % |
ROE | 1.6 % | 40.5 % | 102.6 % | 34.5 % | -10.1 % |
ROI | 11.3 % | 27.9 % | 123.5 % | 43.4 % | -5.6 % |
Economic value added (EVA) | 30.95 | 41.67 | 243.11 | 138.32 | 5.76 |
Solvency | |||||
Equity ratio | 14.5 % | 15.6 % | 40.8 % | 38.9 % | 45.6 % |
Gearing | 308.0 % | 41.3 % | 8.3 % | 15.2 % | 8.6 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.6 | 0.5 | 1.2 | 1.6 | 1.8 |
Current ratio | 1.2 | 1.2 | 1.7 | 1.6 | 1.8 |
Cash and cash equivalents | 267.09 | 508.58 | 924.63 | 471.71 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BBB | BBB | BB |
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