RØRBÆK BILER A/S, FREDERIKSHAVN

CVR number: 28324537
Gl. Skagensvej 109 A, 9900 Frederikshavn

Credit rating

Company information

Official name
RØRBÆK BILER A/S, FREDERIKSHAVN
Personnel
17 persons
Established
2005
Company form
Limited company
Industry
  • Expand more icon45Wholesale and retail trade and repair of motor vehicles and motorcycles

About RØRBÆK BILER A/S, FREDERIKSHAVN

RØRBÆK BILER A/S, FREDERIKSHAVN (CVR number: 28324537) is a company from FREDERIKSHAVN. The company recorded a gross profit of 6372 kDKK in 2023. The operating profit was 670.6 kDKK, while net earnings were 96.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.1 %, which can be considered weak and Return on Equity (ROE) was 3.8 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 9.8 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. RØRBÆK BILER A/S, FREDERIKSHAVN's liquidity measured by quick ratio was 0.1 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit5 084.565 131.926 417.937 449.676 371.99
EBIT1 136.38891.131 676.771 562.15670.59
Net earnings741.68541.211 137.981 092.9196.74
Shareholders equity total2 107.471 848.682 986.662 979.582 076.32
Balance sheet total (assets)15 803.9116 582.4715 799.7321 072.5221 624.72
Net debt-86.83-1 556.54619.0016.331 240.80
Profitability
EBIT-%
ROA7.3 %5.5 %10.4 %8.8 %3.1 %
ROE27.4 %27.4 %47.1 %36.6 %3.8 %
ROI37.1 %41.8 %58.9 %48.9 %21.1 %
Economic value added (EVA)715.34587.821 291.221 066.21357.05
Solvency
Equity ratio13.5 %11.6 %19.3 %14.5 %9.8 %
Gearing21.2 %1.6 %60.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.30.40.30.1
Current ratio1.11.11.21.11.1
Cash and cash equivalents86.831 556.5414.5632.437.79
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:3.14%
Rating: 36/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:9.78%
Rating: 10/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Board member

Companies in the same industry

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