RIMECO STAAL ANPARTSSELSKAB — Credit Rating and Financial Key Figures

CVR number: 11453643
Skibbroen 20, 6200 Aabenraa
tel: 74629045

Company information

Official name
RIMECO STAAL ANPARTSSELSKAB
Established
1987
Company form
Private limited company
Industry

About RIMECO STAAL ANPARTSSELSKAB

RIMECO STAAL ANPARTSSELSKAB (CVR number: 11453643) is a company from AABENRAA. The company recorded a gross profit of 876.3 kDKK in 2023. The operating profit was -89.4 kDKK, while net earnings were -380.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.6 %, which can be considered poor and Return on Equity (ROE) was -34.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 5.1 %, 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. RIMECO STAAL ANPARTSSELSKAB's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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 profit366.9282.97520.893 199.76876.33
EBIT224.76- 114.23- 142.411 738.02-89.38
Net earnings167.33-88.60- 190.751 160.09- 380.60
Shareholders equity total415.80327.20136.451 296.53915.93
Balance sheet total (assets)2 084.971 213.7813 443.2510 915.7017 917.50
Net debt- 324.17-15.767 004.155 829.4015 708.48
Profitability
EBIT-%
ROA16.2 %-6.8 %-1.9 %14.3 %-0.6 %
ROE50.4 %-23.8 %-82.3 %161.9 %-34.4 %
ROI17.7 %-7.5 %-2.4 %18.7 %-0.7 %
Economic value added (EVA)163.66-59.51- 126.731 348.80- 125.56
Solvency
Equity ratio19.9 %27.0 %1.0 %11.9 %5.1 %
Gearing163.7 %5133.3 %463.9 %1715.0 %
Relative net indebtedness %
Liquidity
Quick ratio1.33.90.10.10.0
Current ratio1.33.90.10.10.0
Cash and cash equivalents1 004.7715.76185.05
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBAA

Variable visualization

ROA:-0.62%
Rating: 19/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:5.11%
Rating: 6/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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