R&D Test Systems A/S — Credit Rating and Financial Key Figures

CVR number: 37844179
Sigma 3, Søften 8382 Hinnerup

Company information

Official name
R&D Test Systems A/S
Personnel
100 persons
Established
2016
Domicile
Søften
Company form
Limited company
Industry

About R&D Test Systems A/S

R&D Test Systems A/S (CVR number: 37844179) is a company from FAVRSKOV. The company recorded a gross profit of 113.9 mDKK in 2023. The operating profit was 36.1 mDKK, while net earnings were 32.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was 13.4 %, which can be considered good but Return on Equity (ROE) was 30.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 36.6 %, 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. R&D Test Systems A/S's liquidity measured by quick ratio was 1.7 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
2019
2020
2021
2022
2023
Volume
Net sales403 142.22431 012.59
Gross profit147 422.14115 350.51101 329.95113 852.01
EBIT78 688.6726 432.2735 348.9036 091.11
Net earnings60 964.2920 262.6127 473.8532 539.64
Shareholders equity total81 373.8561 636.4689 110.30121 649.94
Balance sheet total (assets)228 873.34194 858.35295 475.76332 575.70
Net debt- 123 593.08-7 285.048 376.3125 345.51
Profitability
EBIT-%19.5 %6.1 %
ROA34.7 %12.8 %15.3 %13.4 %
ROE74.9 %28.3 %36.5 %30.9 %
ROI75.5 %26.1 %33.8 %27.9 %
Economic value added (EVA)-1 249.4161 365.5722 832.6525 473.5623 661.41
Solvency
Equity ratio35.6 %31.6 %30.2 %36.6 %
Gearing0.1 %26.4 %9.4 %20.8 %
Relative net indebtedness %0.0 %19.6 %
Liquidity
Quick ratio1.91.51.41.7
Current ratio1.91.51.41.7
Cash and cash equivalents123 714.3523 577.333.64
Capital use efficiency
Trade debtors turnover (days)58.062.3
Net working capital %25.8 %11.8 %
Credit risk
Credit ratingAAAAAA

Variable visualization

ROA:13.4%
Rating: 64/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:36.6%
Rating: 31/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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