RTS HØRNING A/S — Credit Rating and Financial Key Figures

CVR number: 33598939
Viengevej 1, 8240 Risskov
rts@rts-as.dk
tel: 86215325

Credit rating

Company information

Official name
RTS HØRNING A/S
Established
2011
Company form
Limited company
Industry

About RTS HØRNING A/S

RTS HØRNING A/S (CVR number: 33598939) is a company from AARHUS. The company recorded a gross profit of 4273.5 kDKK in 2023. The operating profit was 7337.5 kDKK, while net earnings were 4859.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.9 %, which can be considered good but Return on Equity (ROE) was 17.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 45.8 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. RTS HØRNING A/S's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit3 924.474 008.033 592.533 621.974 273.54
EBIT4 011.475 192.034 236.53-2 258.037 337.54
Net earnings3 021.303 910.033 160.77-2 215.324 859.94
Shareholders equity total26 242.3928 152.4229 713.1926 197.8729 057.81
Balance sheet total (assets)64 350.2965 514.3865 819.0660 412.6263 423.86
Net debt29 214.2827 508.5427 098.8924 787.1723 936.30
Profitability
EBIT-%
ROA6.2 %8.0 %6.5 %-3.6 %11.9 %
ROE11.7 %14.4 %10.9 %-7.9 %17.6 %
ROI6.3 %8.1 %6.5 %-3.6 %12.0 %
Economic value added (EVA)424.361 333.45578.02-4 545.613 212.35
Solvency
Equity ratio40.8 %43.0 %45.1 %43.4 %45.8 %
Gearing115.7 %102.9 %92.8 %100.6 %87.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.70.70.60.90.9
Current ratio0.70.70.60.90.9
Cash and cash equivalents1 146.701 447.81460.871 569.511 428.26
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAAAAAA

Variable visualization

ROA:11.9%
Rating: 61/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:45.8%
Rating: 37/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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