RECYCLING DANMARK APS — Credit Rating and Financial Key Figures
Credit rating
Company information
About RECYCLING DANMARK APS
RECYCLING DANMARK APS (CVR number: 43359096) is a company from SLAGELSE. The company reported a net sales of 12.7 mDKK in 2023. The operating profit percentage was at 17.3 % (EBIT: 2.2 mDKK), while net earnings were 1564.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 85.5 %, which can be considered excellent and Return on Equity (ROE) was 102.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 48.8 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. RECYCLING DANMARK APS's liquidity measured by quick ratio was 1.9 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 financials2022 | 2023 | |
---|---|---|
Volume | ||
Net sales | 12 652.53 | |
Gross profit | - 174.43 | 4 125.03 |
EBIT | - 174.43 | 2 182.94 |
Net earnings | - 174.79 | 1 564.41 |
Shareholders equity total | - 134.79 | 1 429.61 |
Balance sheet total (assets) | 1 632.33 | 2 931.14 |
Net debt | 1 178.61 | 135.93 |
Profitability | ||
EBIT-% | 17.3 % | |
ROA | -9.9 % | 85.5 % |
ROE | -10.7 % | 102.2 % |
ROI | -13.0 % | 131.9 % |
Economic value added (EVA) | - 174.43 | 1 717.26 |
Solvency | ||
Equity ratio | -7.6 % | 48.8 % |
Gearing | -999.2 % | 18.8 % |
Relative net indebtedness % | 10.8 % | |
Liquidity | ||
Quick ratio | 0.3 | 1.9 |
Current ratio | 0.3 | 1.9 |
Cash and cash equivalents | 168.27 | 133.45 |
Capital use efficiency | ||
Trade debtors turnover (days) | 79.4 | |
Net working capital % | 10.9 % | |
Credit risk | ||
Credit rating | BB | BB |
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