REXHOLM A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About REXHOLM A/S
REXHOLM A/S (CVR number: 16278874) is a company from HOLSTEBRO. The company reported a net sales of 590.1 mDKK in 2023, demonstrating a growth of 8.2 % compared to the previous year. The operating profit percentage was at 20.2 % (EBIT: 119.5 mDKK), while net earnings were 93.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was 29.6 %, which can be considered excellent and Return on Equity (ROE) was 27.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 94 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. REXHOLM A/S's liquidity measured by quick ratio was 7.5 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 | 422.92 | 380.74 | 454.99 | 545.28 | 590.09 |
Gross profit | 132.90 | 121.34 | 152.92 | 178.77 | 189.35 |
EBIT | 79.75 | 65.58 | 93.92 | 109.09 | 119.49 |
Net earnings | 61.13 | 49.74 | 72.61 | 84.82 | 93.48 |
Shareholders equity total | 169.89 | 216.40 | 271.61 | 306.01 | 364.57 |
Balance sheet total (assets) | 277.33 | 256.96 | 296.50 | 427.74 | 387.83 |
Net debt | 80.60 | 11.13 | -44.90 | 57.55 | -67.96 |
Profitability | |||||
EBIT-% | 18.9 % | 17.2 % | 20.6 % | 20.0 % | 20.2 % |
ROA | 26.8 % | 24.6 % | 34.0 % | 30.2 % | 29.6 % |
ROE | 25.9 % | 25.8 % | 29.8 % | 29.4 % | 27.9 % |
ROI | 28.4 % | 26.5 % | 37.2 % | 33.6 % | 32.6 % |
Economic value added (EVA) | 49.09 | 39.00 | 62.20 | 74.11 | 77.93 |
Solvency | |||||
Equity ratio | 61.3 % | 84.2 % | 91.6 % | 71.5 % | 94.0 % |
Gearing | 53.9 % | 8.2 % | 23.4 % | ||
Relative net indebtedness % | 22.8 % | 8.9 % | -4.4 % | 19.7 % | -7.6 % |
Liquidity | |||||
Quick ratio | 2.0 | 2.6 | 5.6 | 1.0 | 7.5 |
Current ratio | 5.3 | 5.5 | 10.8 | 3.1 | 14.8 |
Cash and cash equivalents | 10.97 | 6.68 | 44.90 | 14.08 | 67.96 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 56.9 | 77.3 | 63.9 | 58.5 | 57.4 |
Net working capital % | 44.4 % | 47.8 % | 53.8 % | 47.0 % | 54.4 % |
Credit risk | |||||
Credit rating | AAA | AA | A | AAA | A |
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