RECON A/S — Credit Rating and Financial Key Figures

CVR number: 66267415
Tinggårdvej 1, Ragebøl 6400 Sønderborg
tel: 74485050
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Credit rating

Company information

Official name
RECON A/S
Personnel
19 persons
Established
1981
Domicile
Ragebøl
Company form
Limited company
Industry

About RECON A/S

RECON A/S (CVR number: 66267415) is a company from SØNDERBORG. The company recorded a gross profit of 13.1 mDKK in 2024. The operating profit was 869 kDKK, while net earnings were 121 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.6 %, which can be considered decent but Return on Equity (ROE) was 14.7 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 7.6 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. RECON A/S's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit11 525.9011 491.1713 028.579 142.1613 091.62
EBIT2 651.521 476.041 389.11-2 005.35868.99
Net earnings1 939.411 040.55772.95-2 013.63121.03
Shareholders equity total3 761.473 002.022 774.97761.34882.37
Balance sheet total (assets)14 764.2512 787.5014 859.3213 185.4413 247.01
Net debt626.861 527.781 124.585 991.586 033.17
Profitability
EBIT-%
ROA18.4 %10.7 %10.1 %-14.3 %6.6 %
ROE57.2 %30.8 %26.8 %-113.9 %14.7 %
ROI29.3 %18.1 %17.1 %-23.1 %9.8 %
Economic value added (EVA)1 564.10741.36676.99-1 990.72150.02
Solvency
Equity ratio30.8 %27.9 %26.0 %6.6 %7.6 %
Gearing40.4 %59.6 %49.3 %868.5 %683.8 %
Relative net indebtedness %
Liquidity
Quick ratio1.51.01.60.50.7
Current ratio1.11.00.90.60.7
Cash and cash equivalents892.62261.30242.37620.990.45
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBABBBBBBBBB

Variable visualization

ROA:6.59%
Rating: 47/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:7.62%
Rating: 8/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Chairman of the board

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