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

CVR number: 37844136
Sigma 3, Søften 8382 Hinnerup

Company information

Official name
R&D Engineering A/S
Personnel
54 persons
Established
2016
Domicile
Søften
Company form
Limited company
Industry

About R&D Engineering A/S

R&D Engineering A/S (CVR number: 37844136) is a company from FAVRSKOV. The company recorded a gross profit of 54.7 mDKK in 2023. The operating profit was 3435.2 kDKK, while net earnings were 2330.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.8 %, which can be considered good and Return on Equity (ROE) was 12.8 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 57.5 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. R&D Engineering A/S's liquidity measured by quick ratio was 2.2 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 sales
Gross profit69 257.9872 389.3562 657.4954 679.30
EBIT7 948.326 619.297 857.453 435.17
Net earnings6 187.735 067.485 834.972 330.61
Shareholders equity total6 196.0511 263.5317 098.5019 429.11
Balance sheet total (assets)26 555.4428 441.2539 774.6433 770.37
Net debt- 779.76485.1912 335.566 275.05
Profitability
EBIT-%
ROA31.0 %24.2 %23.1 %9.8 %
ROE99.9 %58.0 %41.1 %12.8 %
ROI94.4 %60.0 %36.5 %12.9 %
Economic value added (EVA)50.376 181.254 934.805 619.561 878.32
Solvency
Equity ratio23.3 %39.6 %43.0 %57.5 %
Gearing16.3 %15.1 %72.3 %32.3 %
Relative net indebtedness %
Liquidity
Quick ratio1.52.01.72.2
Current ratio1.52.01.72.2
Cash and cash equivalents1 792.611 211.0626.04
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAA

Variable visualization

ROA:9.75%
Rating: 56/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:57.5%
Rating: 45/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Board member

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