RUSTEK A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About RUSTEK A/S
RUSTEK A/S (CVR number: 33389477) is a company from SKIVE. The company recorded a gross profit of 4956.1 kDKK in 2024. The operating profit was -1609 kDKK, while net earnings were -1205.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -7.6 %, which can be considered poor and Return on Equity (ROE) was -6.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 89.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. RUSTEK A/S's liquidity measured by quick ratio was 7.8 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 | 7 760.66 | 14 878.81 | 7 975.99 | 5 116.56 | 4 956.09 |
| EBIT | 2 041.01 | 7 096.12 | 860.18 | -1 925.44 | -1 609.04 |
| Net earnings | 1 638.72 | 5 576.38 | 694.58 | -1 394.39 | -1 205.40 |
| Shareholders equity total | 17 721.09 | 23 297.47 | 23 992.05 | 19 597.66 | 16 392.25 |
| Balance sheet total (assets) | 24 696.55 | 30 212.15 | 27 129.25 | 22 230.41 | 18 282.22 |
| Net debt | -4 106.96 | -7 631.91 | -11 099.15 | -6 131.95 | -2 823.50 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 9.5 % | 26.1 % | 3.2 % | -7.2 % | -7.6 % |
| ROE | 9.7 % | 27.2 % | 2.9 % | -6.4 % | -6.7 % |
| ROI | 10.9 % | 30.6 % | 3.6 % | -7.8 % | -8.1 % |
| Economic value added (EVA) | 621.61 | 4 525.14 | - 639.50 | -2 763.80 | -2 290.93 |
| Solvency | |||||
| Equity ratio | 71.8 % | 77.1 % | 88.4 % | 88.2 % | 89.7 % |
| Gearing | 11.0 % | 6.7 % | 0.4 % | 0.4 % | 0.0 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 2.8 | 5.0 | 9.2 | 6.6 | 7.8 |
| Current ratio | 3.9 | 7.4 | 11.9 | 9.7 | 13.7 |
| Cash and cash equivalents | 6 053.94 | 9 204.39 | 11 183.96 | 6 216.61 | 2 830.03 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | A | A | A | BBB | BBB |
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