RASSS CONSULT & Events A/S
Credit rating
Company information
About RASSS CONSULT & Events A/S
RASSS CONSULT & Events A/S (CVR number: 30604822) is a company from ROSKILDE. The company recorded a gross profit of 1662.4 kDKK in 2023. The operating profit was 11.2 kDKK, while net earnings were -11.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.1 %, which can be considered weak but Return on Equity (ROE) was -1.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 48 %, 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. RASSS CONSULT & Events A/S'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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 1 185.27 | 1 467.82 | 1 806.42 | 1 641.61 | 1 662.35 |
EBIT | -1.60 | 237.07 | 516.65 | 71.91 | 11.20 |
Net earnings | -64.27 | 129.01 | 254.91 | 29.06 | -11.23 |
Shareholders equity total | 344.95 | 473.97 | 728.87 | 643.53 | 514.50 |
Balance sheet total (assets) | 865.45 | 1 156.14 | 1 237.02 | 1 057.11 | 1 072.99 |
Net debt | - 268.28 | - 439.01 | - 536.91 | - 538.17 | - 669.60 |
Profitability | |||||
EBIT-% | |||||
ROA | 14.3 % | 23.5 % | 43.2 % | 6.3 % | 1.1 % |
ROE | -17.0 % | 31.5 % | 42.4 % | 4.2 % | -1.9 % |
ROI | 24.5 % | 42.9 % | 78.0 % | 9.6 % | 1.7 % |
Economic value added (EVA) | 3.95 | 184.31 | 396.58 | 44.93 | 9.00 |
Solvency | |||||
Equity ratio | 39.9 % | 41.0 % | 58.9 % | 60.9 % | 48.0 % |
Gearing | 68.2 % | 10.8 % | 9.6 % | 9.6 % | 19.6 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.7 | 1.7 | 2.4 | 2.6 | 1.9 |
Current ratio | 1.7 | 1.7 | 2.4 | 2.6 | 1.9 |
Cash and cash equivalents | 503.54 | 490.13 | 607.01 | 599.82 | 770.61 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
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