RUBTEC A/S — Credit Rating and Financial Key Figures

CVR number: 27226434
Vågøvej 28, 8700 Horsens

Company information

Official name
RUBTEC A/S
Personnel
14 persons
Established
2003
Company form
Limited company
Industry

About RUBTEC A/S

RUBTEC A/S (CVR number: 27226434) is a company from HORSENS. The company recorded a gross profit of 7148 kDKK in 2023. The operating profit was 2291 kDKK, while net earnings were 1744.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9 %, which can be considered good and Return on Equity (ROE) was 9.5 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 65.8 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. RUBTEC A/S's liquidity measured by quick ratio was 1.3 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit9 834.165 410.976 177.346 251.177 147.98
EBIT5 252.791 019.982 680.611 795.042 290.98
Net earnings4 381.501 064.122 156.961 177.911 744.80
Shareholders equity total5 782.284 446.405 703.3617 900.9718 745.76
Balance sheet total (assets)24 684.0820 155.2722 671.7226 749.4828 482.53
Net debt2 998.488 382.806 711.24- 525.51-3 046.02
Profitability
EBIT-%
ROA27.9 %6.8 %13.8 %8.3 %9.0 %
ROE74.4 %20.8 %42.5 %10.0 %9.5 %
ROI35.7 %8.6 %17.6 %11.1 %13.0 %
Economic value added (EVA)3 963.771 193.362 135.831 471.57961.80
Solvency
Equity ratio23.4 %22.1 %25.2 %66.9 %65.8 %
Gearing227.8 %236.3 %206.4 %0.1 %0.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.90.70.71.81.3
Current ratio1.10.91.02.62.5
Cash and cash equivalents10 170.812 123.115 060.97543.413 099.33
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAA

Variable visualization

ROA:8.98%
Rating: 54/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:65.8%
Rating: 50/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Board member

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