RQ SOLUTIONS ApS — Credit Rating and Financial Key Figures

CVR number: 31472695
Ewalds Have 12, 2960 Rungsted Kyst
alj@rq-solutions.dk
tel: 40832365

Credit rating

Company information

Official name
RQ SOLUTIONS ApS
Personnel
1 person
Established
2008
Company form
Private limited company
Industry

About RQ SOLUTIONS ApS

RQ SOLUTIONS ApS (CVR number: 31472695) is a company from HØRSHOLM. The company recorded a gross profit of 105.8 kDKK in 2023. The operating profit was 105.8 kDKK, while net earnings were -518.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.9 %, which can be considered good but Return on Equity (ROE) was -54.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 98.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. RQ SOLUTIONS ApS's liquidity measured by quick ratio was 15.3 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 profit1 187.00403.0070.73-5.19105.76
EBIT736.008.00- 168.72-64.19105.76
Net earnings9 017.0011 050.002 928.58-27 290.35- 518.35
Shareholders equity total14 786.0025 752.0028 598.241 207.89689.54
Balance sheet total (assets)15 079.0027 950.0029 139.941 662.17701.54
Net debt-14 578.00-27 910.00-29 052.17133.29- 135.75
Profitability
EBIT-%
ROA84.9 %60.6 %11.8 %-0.4 %8.9 %
ROE87.4 %54.5 %10.8 %-183.1 %-54.6 %
ROI87.8 %64.3 %12.4 %-0.4 %9.6 %
Economic value added (EVA)923.85-3.65-42.53-41.3853.54
Solvency
Equity ratio98.1 %92.1 %98.1 %72.7 %98.3 %
Gearing25.0 %
Relative net indebtedness %
Liquidity
Quick ratio50.512.753.81.115.3
Current ratio50.512.753.81.115.3
Cash and cash equivalents14 578.0027 910.0029 052.17168.62135.75
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBBBBBBBBB

Variable visualization

ROA:8.95%
Rating: 54/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:98.3%
Rating: 80/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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