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MASKINFABRIKKEN REKA HOLDING A/S — Credit Rating and Financial Key Figures

CVR number: 20838779
Vestvej 7, 9600 Aars
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Credit rating

Company information

Official name
MASKINFABRIKKEN REKA HOLDING A/S
Established
1998
Company form
Limited company
Industry

About MASKINFABRIKKEN REKA HOLDING A/S

MASKINFABRIKKEN REKA HOLDING A/S (CVR number: 20838779) is a company from VESTHIMMERLANDS. The company recorded a gross profit of 1218.4 kDKK in 2024. The operating profit was 1043.6 kDKK, while net earnings were -1343.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.7 %, which can be considered decent but Return on Equity (ROE) was -2.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 75.2 %, 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. MASKINFABRIKKEN REKA HOLDING A/S's liquidity measured by quick ratio was 3.4 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-2 180.34- 277.00- 224.06- 212.381 218.36
EBIT-2 345.05- 451.71- 398.78- 387.101 043.64
Net earnings7 687.88-1 193.576 298.647 616.47-1 343.32
Shareholders equity total54 063.1151 869.5457 168.1963 784.6561 441.33
Balance sheet total (assets)77 353.0177 379.4483 641.4391 639.7481 744.29
Net debt-32 967.62-22 037.70-26 672.90-41 079.59-30 639.78
Profitability
EBIT-%
ROA15.0 %5.0 %11.6 %13.2 %4.7 %
ROE15.2 %-2.3 %11.6 %12.6 %-2.1 %
ROI15.4 %5.1 %11.8 %14.3 %5.2 %
Economic value added (EVA)-5 120.04-4 099.00-4 145.87-4 413.41-3 405.32
Solvency
Equity ratio69.9 %67.0 %68.4 %69.6 %75.2 %
Gearing38.0 %47.0 %43.1 %25.7 %25.0 %
Relative net indebtedness %
Liquidity
Quick ratio2.82.42.53.03.4
Current ratio2.92.52.63.13.4
Cash and cash equivalents53 536.9246 398.8851 334.0657 447.7046 010.44
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAABBB

Variable visualization

ROA:4.74%
Rating: 42/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:75.2%
Rating: 56/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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