Rune Schytt Composites ApS — Credit Rating and Financial Key Figures

CVR number: 34596352
Saugskær Alle 4, Thurø 5700 Svendborg
rune@rscomposites.com
tel: 41950940
www.rscomposites.com

Company information

Official name
Rune Schytt Composites ApS
Personnel
2 persons
Established
2012
Domicile
Thurø
Company form
Private limited company
Industry

About Rune Schytt Composites ApS

Rune Schytt Composites ApS (CVR number: 34596352) is a company from SVENDBORG. The company recorded a gross profit of -816.8 kDKK in 2023. The operating profit was -1128.8 kDKK, while net earnings were -1146.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -103.7 %, which can be considered poor and Return on Equity (ROE) was -173.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 41.7 %, 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. Rune Schytt Composites ApS's liquidity measured by quick ratio was 0.1 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 profit3 577.305 244.44884.322 503.35- 816.77
EBIT2 508.384 123.8130.051 337.43-1 128.83
Net earnings1 948.833 192.987.981 031.87-1 146.85
Shareholders equity total2 102.503 395.48203.461 235.3488.48
Balance sheet total (assets)3 843.175 861.412 001.161 964.67212.18
Net debt-2 632.56-1 865.31- 380.08- 865.3798.72
Profitability
EBIT-%
ROA73.3 %85.0 %0.8 %67.4 %-103.7 %
ROE172.8 %116.2 %0.4 %143.4 %-173.3 %
ROI150.6 %141.1 %1.4 %130.6 %-137.7 %
Economic value added (EVA)1 974.843 243.81-39.501 068.32-1 131.89
Solvency
Equity ratio59.7 %57.9 %15.2 %62.9 %41.7 %
Gearing1.0 %8.2 %192.8 %16.9 %115.4 %
Relative net indebtedness %
Liquidity
Quick ratio2.82.41.82.30.1
Current ratio2.32.41.12.71.7
Cash and cash equivalents2 653.462 142.89772.391 074.183.36
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBABB

Variable visualization

ROA:-103.7%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:41.7%
Rating: 34/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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