RT Engineering ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About RT Engineering ApS
RT Engineering ApS (CVR number: 42898694) is a company from VEJLE. The company reported a net sales of 1.2 mDKK in 2023, demonstrating a growth of 185.9 % compared to the previous year. The operating profit percentage was at 12.4 % (EBIT: 0.1 mDKK), while net earnings were 120.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 78.9 %, which can be considered excellent and Return on Equity (ROE) was 166.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 36.5 %, 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. RT Engineering ApS's liquidity measured by quick ratio was 1.8 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2022 | 2023 | |
---|---|---|
Volume | ||
Net sales | 416.00 | 1 189.19 |
Gross profit | 391.86 | 1 167.84 |
EBIT | -23.47 | 148.05 |
Net earnings | -27.73 | 120.18 |
Shareholders equity total | 12.27 | 132.45 |
Balance sheet total (assets) | 12.27 | 363.29 |
Net debt | -9.72 | -66.34 |
Profitability | ||
EBIT-% | -5.6 % | 12.4 % |
ROA | -191.2 % | 78.9 % |
ROE | -225.9 % | 166.1 % |
ROI | -191.2 % | 204.7 % |
Economic value added (EVA) | -23.47 | 120.60 |
Solvency | ||
Equity ratio | 100.0 % | 36.5 % |
Gearing | ||
Relative net indebtedness % | -2.3 % | 13.8 % |
Liquidity | ||
Quick ratio | 1.8 | |
Current ratio | 1.8 | |
Cash and cash equivalents | 9.72 | 66.34 |
Capital use efficiency | ||
Trade debtors turnover (days) | 87.0 | |
Net working capital % | 3.0 % | 13.4 % |
Credit risk | ||
Credit rating | B | BB |
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