RETEC A/S — Credit Rating and Financial Key Figures

CVR number: 81324816
Industrivej 11, 9440 Aabybro
tel: 98241855

Credit rating

Company information

Official name
RETEC A/S
Personnel
4 persons
Established
1977
Company form
Limited company
Industry
  • Expand more icon45Wholesale and retail trade and repair of motor vehicles and motorcycles

About RETEC A/S

RETEC A/S (CVR number: 81324816) is a company from JAMMERBUGT. The company recorded a gross profit of 3275.1 kDKK in 2022. The operating profit was 1278.5 kDKK, while net earnings were 791.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 16.9 %, which can be considered excellent and Return on Equity (ROE) was 26.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 50.8 %, 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. RETEC A/S's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20182019202020212022
Volume
Net sales
Gross profit3 453.853 319.803 702.383 029.343 275.12
EBIT- 293.25342.911 073.46680.611 278.52
Net earnings- 476.9531.80653.02720.84791.83
Shareholders equity total1 306.271 191.881 844.902 565.753 357.57
Balance sheet total (assets)10 862.606 963.497 050.388 777.696 609.80
Net debt6 850.523 371.101 974.263 906.071 485.49
Profitability
EBIT-%
ROA-2.5 %3.9 %15.4 %8.6 %16.9 %
ROE-30.9 %2.5 %43.0 %32.7 %26.7 %
ROI-3.5 %5.3 %23.2 %12.4 %22.9 %
Economic value added (EVA)- 334.27169.04735.13868.26855.89
Solvency
Equity ratio12.0 %17.1 %26.2 %29.2 %50.8 %
Gearing535.4 %287.6 %111.2 %152.6 %45.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.40.50.40.6
Current ratio1.11.21.51.42.0
Cash and cash equivalents143.1656.7276.6610.5233.52
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBAAA

Variable visualization

ROA:16.9%
Rating: 69/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:50.8%
Rating: 41/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

Companies in the same industry

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