Renewtech ApS
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 34 588.82 | 42 947.20 | 80 133.16 | 87 550.28 | 62 633.23 |
EBIT | 9 473.17 | 14 859.95 | 38 550.52 | 33 274.41 | 27 681.09 |
Net earnings | 7 012.98 | 11 384.42 | 29 856.22 | 25 521.87 | 19 051.77 |
Shareholders equity total | 19 520.12 | 23 904.53 | 45 660.75 | 46 182.62 | 131 405.75 |
Balance sheet total (assets) | 49 875.46 | 63 118.71 | 78 313.05 | 94 337.86 | 190 567.24 |
Net debt | 14 786.48 | 14 777.26 | 9 104.73 | 28 126.14 | -1 086.68 |
Profitability | |||||
EBIT-% | |||||
ROA | 19.3 % | 26.3 % | 54.5 % | 38.5 % | 18.5 % |
ROE | 43.8 % | 52.4 % | 85.8 % | 55.6 % | 21.5 % |
ROI | 27.3 % | 39.2 % | 80.1 % | 51.1 % | 22.3 % |
Economic value added (EVA) | 6 742.03 | 10 609.67 | 28 862.97 | 23 508.23 | 19 244.53 |
Solvency | |||||
Equity ratio | 39.1 % | 37.9 % | 58.3 % | 49.0 % | 69.5 % |
Gearing | 76.9 % | 62.6 % | 20.6 % | 61.8 % | 22.4 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.6 | 0.6 | 0.8 | 0.6 | 1.4 |
Current ratio | 1.6 | 1.7 | 2.4 | 1.9 | 2.1 |
Cash and cash equivalents | 227.67 | 183.32 | 291.51 | 422.32 | 30 577.81 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | AA | AA | A | A | AAA |
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