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 1.7 mDKK in 2023, demonstrating a growth of 30.2 % compared to the previous year. The operating profit percentage was poor at -0.1 % (EBIT: -0 mDKK), while net earnings were 4.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.2 %, which can be considered poor but Return on Equity (ROE) was 4.7 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 32.9 %, 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 1.5 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 1 073.31 | 1 404.71 | 1 051.44 | 1 320.18 | 1 719.13 |
Gross profit | 124.23 | 334.46 | 184.86 | 401.19 | 431.44 |
EBIT | -4.44 | 16.72 | 43.57 | 3.54 | -1.22 |
Net earnings | -8.34 | 13.51 | 31.49 | -10.91 | 4.80 |
Shareholders equity total | 65.13 | 78.65 | 110.14 | 99.22 | 104.02 |
Balance sheet total (assets) | 309.07 | 426.59 | 373.12 | 335.20 | 316.13 |
Net debt | -16.83 | 12.89 | -44.59 | -16.44 | 9.80 |
Profitability | |||||
EBIT-% | -0.4 % | 1.2 % | 4.1 % | 0.3 % | -0.1 % |
ROA | -1.4 % | 4.5 % | 10.9 % | 1.0 % | -0.2 % |
ROE | -12.0 % | 18.8 % | 33.4 % | -10.4 % | 4.7 % |
ROI | -4.1 % | 14.5 % | 33.4 % | 2.8 % | -0.6 % |
Economic value added (EVA) | -8.43 | 13.85 | 31.44 | 2.11 | -4.78 |
Solvency | |||||
Equity ratio | 21.1 % | 18.4 % | 29.5 % | 29.6 % | 32.9 % |
Gearing | 70.5 % | 51.2 % | 29.1 % | 11.9 % | 25.9 % |
Relative net indebtedness % | 16.9 % | 22.8 % | 17.7 % | 15.7 % | 11.3 % |
Liquidity | |||||
Quick ratio | 1.1 | 1.1 | 1.3 | 1.4 | 1.5 |
Current ratio | 1.2 | 1.1 | 1.3 | 1.4 | 1.5 |
Cash and cash equivalents | 62.72 | 27.35 | 76.67 | 28.30 | 17.15 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 38.8 | 56.3 | 84.6 | 30.4 | 22.4 |
Net working capital % | 4.6 % | 3.3 % | 8.3 % | 6.6 % | 5.7 % |
Credit risk | |||||
Credit rating | BB | BB | BBB | BB | BBB |
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