RENOLD A/S — Credit Rating and Financial Key Figures

CVR number: 62674016
Kærup Alle 2, 4100 Ringsted
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Credit rating

Company information

Official name
RENOLD A/S
Personnel
3 persons
Established
1965
Company form
Limited company
Industry

About RENOLD A/S

RENOLD A/S (CVR number: 62674016) is a company from RINGSTED. The company recorded a gross profit of 2562.7 kDKK in 2024. The operating profit was -2.4 kDKK, while net earnings were 19.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.5 %, which can be considered weak and Return on Equity (ROE) was 1.1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 62.8 %, 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. RENOLD A/S'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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit2 343.432 297.022 550.842 596.712 562.66
EBIT107.0875.71161.55107.16-2.44
Net earnings84.56109.01124.75126.3119.76
Shareholders equity total1 462.101 571.111 695.861 822.171 841.93
Balance sheet total (assets)2 245.872 203.382 366.422 834.282 934.01
Net debt- 422.63- 567.43- 603.01- 644.36- 721.35
Profitability
EBIT-%
ROA6.5 %6.5 %8.4 %6.5 %1.5 %
ROE6.0 %7.2 %7.6 %7.2 %1.1 %
ROI8.7 %8.7 %11.6 %8.2 %1.7 %
Economic value added (EVA)5.31-17.0143.88-5.98- 122.81
Solvency
Equity ratio65.1 %71.3 %71.7 %64.3 %62.8 %
Gearing0.0 %31.5 %36.6 %
Relative net indebtedness %
Liquidity
Quick ratio1.61.31.51.51.5
Current ratio1.61.31.51.51.5
Cash and cash equivalents422.63567.43603.011 218.921 396.29
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:1.48%
Rating: 27/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:62.8%
Rating: 48/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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