MASKINFABRIKKEN REKA HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 -212.4 kDKK in 2023. The operating profit was -387.1 kDKK, while net earnings were 7616.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13.2 %, which can be considered good and Return on Equity (ROE) was 12.6 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 69.6 %, 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 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | - 148.56 | -2 180.34 | - 277.00 | - 224.06 | - 212.38 |
EBIT | - 323.28 | -2 345.05 | - 451.71 | - 398.78 | - 387.10 |
Net earnings | -4 495.64 | 7 687.88 | -1 193.57 | 6 298.64 | 7 616.47 |
Shareholders equity total | 46 975.23 | 54 063.11 | 51 869.54 | 57 168.19 | 63 784.65 |
Balance sheet total (assets) | 69 172.40 | 77 353.01 | 77 379.44 | 83 641.43 | 91 639.74 |
Net debt | -21 391.93 | -32 967.62 | -22 037.70 | -26 672.90 | -41 079.59 |
Profitability | |||||
EBIT-% | |||||
ROA | -3.5 % | 15.0 % | 5.0 % | 11.6 % | 13.2 % |
ROE | -9.1 % | 15.2 % | -2.3 % | 11.6 % | 12.6 % |
ROI | -3.6 % | 15.4 % | 5.1 % | 11.8 % | 14.3 % |
Economic value added (EVA) | - 167.33 | -1 658.91 | -45.81 | - 239.55 | - 129.36 |
Solvency | |||||
Equity ratio | 67.9 % | 69.9 % | 67.0 % | 68.4 % | 69.6 % |
Gearing | 44.0 % | 38.0 % | 47.0 % | 43.1 % | 25.7 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.5 | 2.8 | 2.4 | 2.5 | 3.0 |
Current ratio | 2.7 | 2.9 | 2.5 | 2.6 | 3.1 |
Cash and cash equivalents | 42 062.68 | 53 536.92 | 46 398.88 | 51 334.06 | 57 447.70 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | AA | AA |
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