RE-ELTEKNIK ApS — Credit Rating and Financial Key Figures

CVR number: 28295960
Smedebakken 42, Starup 7200 Grindsted
re@re-elteknik.dk
tel: 75337545
www.re-elteknik.dk

Credit rating

Company information

Official name
RE-ELTEKNIK ApS
Personnel
8 persons
Established
2004
Domicile
Starup
Company form
Private limited company
Industry
  • Expand more icon27Manufacture of electrical equipment

About RE-ELTEKNIK ApS

RE-ELTEKNIK ApS (CVR number: 28295960) is a company from VARDE. The company recorded a gross profit of 4784.7 kDKK in 2023. The operating profit was 412.5 kDKK, while net earnings were 357.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9 %, which can be considered good but Return on Equity (ROE) was 21.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 28.5 %, 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. RE-ELTEKNIK ApS's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit4 271.005 338.005 831.006 483.004 784.70
EBIT352.001 012.001 061.001 690.00412.53
Net earnings265.00772.00809.001 305.00357.77
Shareholders equity total816.001 322.001 360.001 855.001 513.21
Balance sheet total (assets)3 303.004 327.004 808.005 117.005 316.29
Net debt983.00- 221.00871.00525.00- 803.97
Profitability
EBIT-%
ROA10.9 %26.7 %23.4 %34.2 %9.0 %
ROE31.1 %72.2 %60.3 %81.2 %21.2 %
ROI18.3 %49.2 %42.2 %58.3 %19.9 %
Economic value added (EVA)252.00757.06807.871 281.51246.87
Solvency
Equity ratio24.7 %30.6 %28.3 %36.3 %28.5 %
Gearing146.1 %51.0 %109.1 %47.3 %17.9 %
Relative net indebtedness %
Liquidity
Quick ratio1.01.31.21.51.2
Current ratio1.11.41.31.61.3
Cash and cash equivalents209.00895.00613.00353.001 074.53
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAABBBBBB

Variable visualization

ROA:8.99%
Rating: 54/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:28.5%
Rating: 25/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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