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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 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -2 180.34 | - 277.00 | - 224.06 | - 212.38 | 1 218.36 |
| EBIT | -2 345.05 | - 451.71 | - 398.78 | - 387.10 | 1 043.64 |
| Net earnings | 7 687.88 | -1 193.57 | 6 298.64 | 7 616.47 | -1 343.32 |
| Shareholders equity total | 54 063.11 | 51 869.54 | 57 168.19 | 63 784.65 | 61 441.33 |
| Balance sheet total (assets) | 77 353.01 | 77 379.44 | 83 641.43 | 91 639.74 | 81 744.29 |
| Net debt | -32 967.62 | -22 037.70 | -26 672.90 | -41 079.59 | -30 639.78 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 15.0 % | 5.0 % | 11.6 % | 13.2 % | 4.7 % |
| ROE | 15.2 % | -2.3 % | 11.6 % | 12.6 % | -2.1 % |
| ROI | 15.4 % | 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 ratio | 69.9 % | 67.0 % | 68.4 % | 69.6 % | 75.2 % |
| Gearing | 38.0 % | 47.0 % | 43.1 % | 25.7 % | 25.0 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 2.8 | 2.4 | 2.5 | 3.0 | 3.4 |
| Current ratio | 2.9 | 2.5 | 2.6 | 3.1 | 3.4 |
| Cash and cash equivalents | 53 536.92 | 46 398.88 | 51 334.06 | 57 447.70 | 46 010.44 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | A | A | A | A | BBB |
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