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RTEC ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About RTEC ApS
RTEC ApS (CVR number: 35654380) is a company from HADERSLEV. The company recorded a gross profit of 593.2 kDKK in 2024. The operating profit was -56.8 kDKK, while net earnings were -59.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -16.8 %, which can be considered poor and Return on Equity (ROE) was -65.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 20.2 %, 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 1.3 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 646.70 | 647.01 | 677.16 | 831.77 | 593.22 |
| EBIT | 135.76 | 42.97 | - 131.01 | 69.89 | -56.83 |
| Net earnings | 31.51 | 31.51 | - 133.47 | 67.00 | -59.48 |
| Shareholders equity total | 187.13 | 187.13 | 53.66 | 120.66 | 61.18 |
| Balance sheet total (assets) | 407.21 | 407.21 | 277.67 | 369.64 | 303.59 |
| Net debt | - 173.41 | - 183.37 | - 141.18 | - 223.72 | - 174.01 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 37.9 % | 10.6 % | -38.3 % | 21.7 % | -16.8 % |
| ROE | 21.1 % | 16.8 % | -110.9 % | 76.9 % | -65.4 % |
| ROI | 71.7 % | 19.7 % | -80.8 % | 51.9 % | -40.7 % |
| Economic value added (EVA) | 97.29 | 21.63 | - 142.34 | 64.92 | -65.45 |
| Solvency | |||||
| Equity ratio | 46.0 % | 46.0 % | 19.3 % | 32.6 % | 20.2 % |
| Gearing | 25.8 % | 20.4 % | 84.3 % | 42.1 % | 73.4 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 1.9 | 1.9 | 1.2 | 1.5 | 1.3 |
| Current ratio | 1.9 | 1.9 | 1.2 | 1.5 | 1.3 |
| Cash and cash equivalents | 221.63 | 221.63 | 186.41 | 274.47 | 218.93 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BB | BBB | BB | BB | BB |
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