TELEDYNE RESON A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About TELEDYNE RESON A/S
TELEDYNE RESON A/S (CVR number: 56675817) is a company from FREDERIKSSUND. The company reported a net sales of 403.3 mDKK in 2023, demonstrating a decline of -14 % compared to the previous year. The operating profit percentage was at 15.7 % (EBIT: 63.2 mDKK), while net earnings were 47.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was 17.7 %, which can be considered excellent and Return on Equity (ROE) was 17.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 76.3 %, 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. TELEDYNE RESON A/S's liquidity measured by quick ratio was 2.8 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 385.50 | 418.33 | 427.22 | 468.82 | 403.25 |
Gross profit | 112.28 | 125.30 | 147.25 | 131.38 | 112.70 |
EBIT | 36.66 | 64.29 | 71.84 | 62.15 | 63.20 |
Net earnings | 49.06 | 54.98 | 61.55 | 53.27 | 47.60 |
Shareholders equity total | 500.19 | 555.18 | 616.73 | 284.99 | 272.60 |
Balance sheet total (assets) | 557.06 | 635.68 | 689.97 | 387.37 | 362.90 |
Net debt | -61.21 | -83.42 | -22.64 | -24.24 | -25.67 |
Profitability | |||||
EBIT-% | 9.5 % | 15.4 % | 16.8 % | 13.3 % | 15.7 % |
ROA | 11.4 % | 11.7 % | 12.4 % | 13.1 % | 17.7 % |
ROE | 11.1 % | 10.4 % | 10.5 % | 11.8 % | 17.1 % |
ROI | 12.8 % | 13.1 % | 13.8 % | 15.4 % | 23.0 % |
Economic value added (EVA) | 16.65 | 39.25 | 34.70 | 20.99 | 38.51 |
Solvency | |||||
Equity ratio | 90.8 % | 89.3 % | 90.0 % | 76.4 % | 76.3 % |
Gearing | 1.2 % | 0.7 % | 3.0 % | 1.5 % | |
Relative net indebtedness % | -1.5 % | -2.6 % | 10.4 % | 14.5 % | 14.0 % |
Liquidity | |||||
Quick ratio | 7.2 | 7.8 | 7.8 | 2.7 | 2.8 |
Current ratio | 8.0 | 7.3 | 8.3 | 3.1 | 3.4 |
Cash and cash equivalents | 61.21 | 89.98 | 27.16 | 32.68 | 29.88 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 34.1 | 40.9 | 36.4 | 60.7 | 55.4 |
Net working capital % | 96.0 % | 107.0 % | 122.0 % | 45.2 % | 51.6 % |
Credit risk | |||||
Credit rating | AAA | AAA | AA | AAA | AAA |
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