Renewtech ApS

CVR number: 18630931
Messevej 12, 9600 Aars
tel: 96982800

Credit rating

Company information

Official name
Renewtech ApS
Personnel
69 persons
Established
1995
Company form
Private limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About Renewtech ApS

Renewtech ApS (CVR number: 18630931) is a company from VESTHIMMERLANDS. The company recorded a gross profit of 62.6 mDKK in 2023. The operating profit was 27.7 mDKK, while net earnings were 19.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was 18.5 %, which can be considered excellent and Return on Equity (ROE) was 21.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 69.5 %, 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. Renewtech ApS's liquidity measured by quick ratio was 1.4 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
20192020202120222023
Volume
Net sales
Gross profit34 588.8242 947.2080 133.1687 550.2862 633.23
EBIT9 473.1714 859.9538 550.5233 274.4127 681.09
Net earnings7 012.9811 384.4229 856.2225 521.8719 051.77
Shareholders equity total19 520.1223 904.5345 660.7546 182.62131 405.75
Balance sheet total (assets)49 875.4663 118.7178 313.0594 337.86190 567.24
Net debt14 786.4814 777.269 104.7328 126.14-1 086.68
Profitability
EBIT-%
ROA19.3 %26.3 %54.5 %38.5 %18.5 %
ROE43.8 %52.4 %85.8 %55.6 %21.5 %
ROI27.3 %39.2 %80.1 %51.1 %22.3 %
Economic value added (EVA)6 742.0310 609.6728 862.9723 508.2319 244.53
Solvency
Equity ratio39.1 %37.9 %58.3 %49.0 %69.5 %
Gearing76.9 %62.6 %20.6 %61.8 %22.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.60.60.80.61.4
Current ratio1.61.72.41.92.1
Cash and cash equivalents227.67183.32291.51422.3230 577.81
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAA

Variable visualization

ROA:18.5%
Rating: 72/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:69.5%
Rating: 53/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

Build time: 2024-10-21T13:51:39.669Z

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