RTEC ApS — Credit Rating and Financial Key Figures

CVR number: 35654380
Simmersted Byvej 15 A, Simmersted 6500 Vojens
rt@rtec.dk
tel: 22556470
www.rtec.dk

Company information

Official name
RTEC ApS
Personnel
1 person
Established
2014
Domicile
Simmersted
Company form
Private limited company
Industry

About RTEC ApS

RTEC ApS (CVR number: 35654380) is a company from HADERSLEV. The company recorded a gross profit of 831.8 kDKK in 2023. The operating profit was 69.9 kDKK, while net earnings were 67 kDKK. The profitability of the company measured by Return on Assets (ROA) was 21.7 %, which can be considered excellent and Return on Equity (ROE) was 76.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 32.6 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. RTEC ApS's liquidity measured by quick ratio was 1.5 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

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 profit651.43646.70647.01677.16831.77
EBIT81.10135.7642.97- 131.0169.89
Net earnings61.0931.5131.51- 133.4767.00
Shareholders equity total111.75187.13187.1353.66120.66
Balance sheet total (assets)310.09407.21407.21277.67369.64
Net debt-78.65- 173.41- 183.37- 141.18- 223.72
Profitability
EBIT-%
ROA22.6 %37.9 %10.6 %-38.3 %21.7 %
ROE45.0 %21.1 %16.8 %-110.9 %76.9 %
ROI45.6 %71.7 %19.7 %-80.8 %51.9 %
Economic value added (EVA)64.51106.8735.19- 129.2876.56
Solvency
Equity ratio36.0 %46.0 %46.0 %19.3 %32.6 %
Gearing50.1 %25.8 %20.4 %84.3 %42.1 %
Relative net indebtedness %
Liquidity
Quick ratio1.61.91.91.21.5
Current ratio1.61.91.91.21.5
Cash and cash equivalents134.64221.63221.63186.41274.47
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:21.7%
Rating: 76/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:32.6%
Rating: 28/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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