Renewtech ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Renewtech ApS
Renewtech ApS (CVR number: 18630931K) is a company from VESTHIMMERLANDS. The company recorded a gross profit of 96.5 mDKK in 2024. The operating profit was -17 mDKK, while net earnings were -29.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was -8.7 %, which can be considered poor and Return on Equity (ROE) was -27.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 48.6 %, 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. Renewtech ApS's liquidity measured by quick ratio was 0.7 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2022 | 2023 | 2024 | |
---|---|---|---|
Volume | |||
Net sales | |||
Gross profit | 87 550.28 | 62 945.00 | 96 485.00 |
EBIT | 33 274.41 | 25 622.00 | -17 037.00 |
Net earnings | 25 521.87 | 19 052.00 | -29 336.00 |
Shareholders equity total | 46 182.62 | 131 406.00 | 82 070.00 |
Balance sheet total (assets) | 94 337.86 | 202 610.00 | 170 836.00 |
Net debt | 28 126.14 | -1 141.00 | 38 152.00 |
Profitability | |||
EBIT-% | |||
ROA | 35.3 % | 17.6 % | -8.7 % |
ROE | 55.3 % | 21.5 % | -27.5 % |
ROI | 44.4 % | 21.9 % | -11.1 % |
Economic value added (EVA) | 25 788.04 | 15 950.30 | -20 331.19 |
Solvency | |||
Equity ratio | 49.0 % | 65.4 % | 48.6 % |
Gearing | 61.8 % | 24.6 % | 56.1 % |
Relative net indebtedness % | |||
Liquidity | |||
Quick ratio | 0.6 | 1.0 | 0.7 |
Current ratio | 1.9 | 1.7 | 1.4 |
Cash and cash equivalents | 422.32 | 33 467.00 | 7 895.00 |
Capital use efficiency | |||
Trade debtors turnover (days) | |||
Net working capital % | |||
Credit risk | |||
Credit rating | A | A | A |
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