RGE EUROPE ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About RGE EUROPE ApS
RGE EUROPE ApS (CVR number: 30608925) is a company from RUDERSDAL. The company recorded a gross profit of 598.1 kDKK in 2021. The operating profit was -22.8 kDKK, while net earnings were 2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.8 %, which can be considered weak and Return on Equity (ROE) was 0.2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 80 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. RGE EUROPE ApS's liquidity measured by quick ratio was 5 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 financials2017 | 2018 | 2019 | 2020 | 2021 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 720.00 | 842.00 | 876.00 | 537.00 | 598.13 |
EBIT | -40.00 | 18.00 | 98.00 | -39.00 | -22.79 |
Net earnings | -29.00 | 135.00 | 92.00 | -41.00 | 1.97 |
Shareholders equity total | 695.00 | 830.00 | 922.00 | 821.00 | 823.01 |
Balance sheet total (assets) | 1 140.00 | 1 190.00 | 1 088.00 | 1 000.00 | 1 028.73 |
Net debt | - 122.00 | - 224.00 | - 118.00 | - 137.00 | -32.34 |
Profitability | |||||
EBIT-% | |||||
ROA | -1.3 % | 15.2 % | 11.9 % | -1.0 % | 0.8 % |
ROE | -4.1 % | 17.7 % | 10.5 % | -4.7 % | 0.2 % |
ROI | -2.1 % | 23.2 % | 15.4 % | -1.1 % | 0.9 % |
Economic value added (EVA) | -64.75 | -14.91 | 36.83 | -68.09 | -57.16 |
Solvency | |||||
Equity ratio | 61.0 % | 69.7 % | 84.7 % | 82.1 % | 80.0 % |
Gearing | 6.3 % | ||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.4 | 3.2 | 6.6 | 5.6 | 5.0 |
Current ratio | 2.5 | 3.2 | 6.6 | 5.6 | 5.0 |
Cash and cash equivalents | 122.00 | 224.00 | 118.00 | 137.00 | 84.43 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BB | BB |
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