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

CVR number: 20838779
Vestvej 7, 9600 Aars

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 -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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
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-4 495.647 687.88-1 193.576 298.647 616.47
Shareholders equity total46 975.2354 063.1151 869.5457 168.1963 784.65
Balance sheet total (assets)69 172.4077 353.0177 379.4483 641.4391 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 ratio67.9 %69.9 %67.0 %68.4 %69.6 %
Gearing44.0 %38.0 %47.0 %43.1 %25.7 %
Relative net indebtedness %
Liquidity
Quick ratio2.52.82.42.53.0
Current ratio2.72.92.52.63.1
Cash and cash equivalents42 062.6853 536.9246 398.8851 334.0657 447.70
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAA

Variable visualization

ROA:13.2%
Rating: 63/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:69.6%
Rating: 53/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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