RT Engineering ApS — Credit Rating and Financial Key Figures

CVR number: 42898694
Grejs Bakke 17 A, 7100 Vejle
runerybergthygesen@gmail.com
tel: 51205819

Company information

Official name
RT Engineering ApS
Personnel
1 person
Established
2021
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2022
2023
Volume
Net sales416.001 189.19
Gross profit391.861 167.84
EBIT-23.47148.05
Net earnings-27.73120.18
Shareholders equity total12.27132.45
Balance sheet total (assets)12.27363.29
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)-23.47120.60
Solvency
Equity ratio100.0 %36.5 %
Gearing
Relative net indebtedness %-2.3 %13.8 %
Liquidity
Quick ratio1.8
Current ratio1.8
Cash and cash equivalents9.7266.34
Capital use efficiency
Trade debtors turnover (days)87.0
Net working capital %3.0 %13.4 %
Credit risk
Credit ratingBBB

Variable visualization

ROA:78.9%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:36.5%
Rating: 31/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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