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Rungsted El Teknik ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Rungsted El Teknik ApS
Rungsted El Teknik ApS (CVR number: 36719699) is a company from FREDENSBORG. The company reported a net sales of 1.2 mDKK in 2024, demonstrating a decline of -31.1 % compared to the previous year. The operating profit percentage was at 0.8 % (EBIT: 0 mDKK), while net earnings were 2.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3 %, which can be considered weak and Return on Equity (ROE) was 2.4 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 34.7 %, 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. Rungsted El Teknik ApS's liquidity measured by quick ratio was 1.4 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 1 404.71 | 1 051.44 | 1 320.18 | 1 719.13 | 1 184.45 |
| Gross profit | 334.46 | 184.86 | 401.19 | 431.44 | 367.04 |
| EBIT | 16.72 | 43.57 | 3.54 | -1.22 | 9.33 |
| Net earnings | 13.51 | 31.49 | -10.91 | 4.80 | 2.51 |
| Shareholders equity total | 78.65 | 110.14 | 99.22 | 104.02 | 106.53 |
| Balance sheet total (assets) | 426.59 | 373.12 | 335.20 | 316.13 | 306.83 |
| Net debt | 12.89 | -44.59 | -16.44 | 9.80 | -4.61 |
| Profitability | |||||
| EBIT-% | 1.2 % | 4.1 % | 0.3 % | -0.1 % | 0.8 % |
| ROA | 4.5 % | 10.9 % | 1.0 % | -0.2 % | 3.0 % |
| ROE | 18.8 % | 33.4 % | -10.4 % | 4.7 % | 2.4 % |
| ROI | 14.5 % | 33.4 % | 2.8 % | -0.6 % | 8.0 % |
| Economic value added (EVA) | 8.39 | 28.04 | -3.36 | -6.80 | 0.04 |
| Solvency | |||||
| Equity ratio | 18.4 % | 29.5 % | 29.6 % | 32.9 % | 34.7 % |
| Gearing | 51.2 % | 29.1 % | 11.9 % | 25.9 % | |
| Relative net indebtedness % | 22.8 % | 17.7 % | 15.7 % | 11.3 % | 16.5 % |
| Liquidity | |||||
| Quick ratio | 1.1 | 1.3 | 1.4 | 1.5 | 1.4 |
| Current ratio | 1.1 | 1.3 | 1.4 | 1.5 | 1.5 |
| Cash and cash equivalents | 27.35 | 76.67 | 28.30 | 17.15 | 4.61 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | 56.3 | 84.6 | 30.4 | 22.4 | 33.1 |
| Net working capital % | 3.3 % | 8.3 % | 6.6 % | 5.7 % | 9.0 % |
| Credit risk | |||||
| Credit rating | BBB | BBB | BB | BBB | BBB |
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