RENOLD A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 2 343.43 | 2 297.02 | 2 550.84 | 2 596.71 | 2 562.66 |
EBIT | 107.08 | 75.71 | 161.55 | 107.16 | -2.44 |
Net earnings | 84.56 | 109.01 | 124.75 | 126.31 | 19.76 |
Shareholders equity total | 1 462.10 | 1 571.11 | 1 695.86 | 1 822.17 | 1 841.93 |
Balance sheet total (assets) | 2 245.87 | 2 203.38 | 2 366.42 | 2 834.28 | 2 934.01 |
Net debt | - 422.63 | - 567.43 | - 603.01 | - 644.36 | - 721.35 |
Profitability | |||||
EBIT-% | |||||
ROA | 6.5 % | 6.5 % | 8.4 % | 6.5 % | 1.5 % |
ROE | 6.0 % | 7.2 % | 7.6 % | 7.2 % | 1.1 % |
ROI | 8.7 % | 8.7 % | 11.6 % | 8.2 % | 1.7 % |
Economic value added (EVA) | 5.31 | -17.01 | 43.88 | -5.98 | - 122.81 |
Solvency | |||||
Equity ratio | 65.1 % | 71.3 % | 71.7 % | 64.3 % | 62.8 % |
Gearing | 0.0 % | 31.5 % | 36.6 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.6 | 1.3 | 1.5 | 1.5 | 1.5 |
Current ratio | 1.6 | 1.3 | 1.5 | 1.5 | 1.5 |
Cash and cash equivalents | 422.63 | 567.43 | 603.01 | 1 218.92 | 1 396.29 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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