RASMUSSEN, MIDDELFART A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About RASMUSSEN, MIDDELFART A/S
RASMUSSEN, MIDDELFART A/S (CVR number: 19922197) is a company from MIDDELFART. The company recorded a gross profit of -102.5 kDKK in 2024. The operating profit was -222.5 kDKK, while net earnings were 1267.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 16.9 %, which can be considered excellent but Return on Equity (ROE) was 13.5 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 97 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. RASMUSSEN, MIDDELFART A/S's liquidity measured by quick ratio was 33.6 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | - 100.23 | -97.16 | - 123.91 | -96.57 | - 102.45 |
EBIT | - 220.23 | - 217.16 | - 243.91 | - 216.57 | - 222.46 |
Net earnings | 601.18 | 1 543.84 | - 634.08 | 1 279.95 | 1 267.07 |
Shareholders equity total | 6 866.90 | 8 410.74 | 7 663.66 | 8 829.21 | 9 978.48 |
Balance sheet total (assets) | 7 105.70 | 8 872.00 | 7 688.66 | 8 967.43 | 10 284.82 |
Net debt | -7 083.44 | -8 833.62 | -7 460.65 | -8 919.21 | -10 280.11 |
Profitability | |||||
EBIT-% | |||||
ROA | 11.3 % | 24.8 % | -1.3 % | 19.7 % | 16.9 % |
ROE | 9.0 % | 20.2 % | -7.9 % | 15.5 % | 13.5 % |
ROI | 11.6 % | 25.9 % | -1.3 % | 19.9 % | 17.3 % |
Economic value added (EVA) | - 171.71 | - 158.41 | - 172.02 | - 179.07 | - 168.28 |
Solvency | |||||
Equity ratio | 96.6 % | 94.8 % | 99.7 % | 98.5 % | 97.0 % |
Gearing | 0.0 % | ||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 29.8 | 19.2 | 307.5 | 64.9 | 33.6 |
Current ratio | 29.8 | 19.2 | 307.5 | 64.9 | 33.6 |
Cash and cash equivalents | 7 084.01 | 8 833.62 | 7 460.65 | 8 919.21 | 10 280.11 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | A | BBB | BBB | A |
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