RetecIT ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About RetecIT ApS
RetecIT ApS (CVR number: 38689487) is a company from AABENRAA. The company recorded a gross profit of -443.1 kDKK in 2024. The operating profit was -443.1 kDKK, while net earnings were -345.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -35.8 %, which can be considered poor and Return on Equity (ROE) was -45.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -32.2 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. RetecIT ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -47.45 | -14.41 | -23.19 | -16.17 | - 443.08 |
EBIT | - 167.28 | -26.69 | -23.19 | -16.17 | - 443.08 |
Net earnings | - 132.83 | -20.72 | -19.57 | -12.55 | - 345.13 |
Shareholders equity total | - 254.10 | - 274.81 | - 294.38 | - 306.93 | - 652.06 |
Balance sheet total (assets) | 171.93 | 135.83 | 182.39 | 138.79 | 1 373.41 |
Net debt | 383.13 | 396.48 | 450.60 | 426.91 | 1 855.83 |
Profitability | |||||
EBIT-% | |||||
ROA | -40.1 % | -6.4 % | -5.2 % | -3.5 % | -35.8 % |
ROE | -57.8 % | -13.5 % | -12.3 % | -7.8 % | -45.6 % |
ROI | -45.3 % | -6.7 % | -5.4 % | -3.6 % | -36.5 % |
Economic value added (EVA) | - 142.48 | -27.10 | -25.71 | -20.59 | - 351.64 |
Solvency | |||||
Equity ratio | -59.6 % | -66.9 % | -61.7 % | -68.9 % | -32.2 % |
Gearing | -154.6 % | -145.3 % | -156.7 % | -140.0 % | -306.2 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.3 | 0.3 | 0.3 | 0.2 | 0.6 |
Current ratio | 0.3 | 0.3 | 0.3 | 0.2 | 0.7 |
Cash and cash equivalents | 9.63 | 2.92 | 10.67 | 2.86 | 140.48 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | C | B | BB | BB | BB |
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