REESINK TURFCARE DK A/S — Credit Rating and Financial Key Figures

CVR number: 15912138
Lunden 10, Aasum 5320 Agedrup
tel: 66107694
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Company information

Official name
REESINK TURFCARE DK A/S
Personnel
14 persons
Established
1992
Domicile
Aasum
Company form
Limited company
Industry

About REESINK TURFCARE DK A/S

REESINK TURFCARE DK A/S (CVR number: 15912138) is a company from ODENSE. The company recorded a gross profit of 9423.9 kDKK in 2024. The operating profit was 1405.3 kDKK, while net earnings were 1829.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.2 %, which can be considered decent but Return on Equity (ROE) was 3.7 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 85.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. REESINK TURFCARE DK A/S's liquidity measured by quick ratio was 2.4 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit11 627.2011 979.2111 161.1412 579.639 423.88
EBIT4 343.794 040.283 480.224 796.501 405.26
Net earnings3 386.573 171.192 798.414 061.761 829.08
Shareholders equity total37 747.6441 322.4443 768.1447 771.7849 941.92
Balance sheet total (assets)46 714.2748 078.5253 055.2759 760.0059 276.75
Net debt-11 860.09-8 321.96-7 016.09-15 103.95-13 480.34
Profitability
EBIT-%
ROA10.1 %8.8 %7.2 %9.2 %4.2 %
ROE9.4 %8.0 %6.6 %8.9 %3.7 %
ROI12.3 %10.5 %8.5 %11.3 %5.1 %
Economic value added (EVA)1 638.571 251.39612.651 530.88-1 362.03
Solvency
Equity ratio82.1 %86.0 %82.6 %80.3 %85.7 %
Gearing1.2 %1.1 %
Relative net indebtedness %
Liquidity
Quick ratio4.22.03.91.32.4
Current ratio5.23.55.71.33.7
Cash and cash equivalents11 860.098 816.967 497.2915 103.9513 480.34
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBAA

Variable visualization

ROA:4.19%
Rating: 41/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:85.7%
Rating: 65/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member

Companies in the same industry

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