EGIL RASMUSSEN FREDERICIA A/S
Credit rating
Company information
About EGIL RASMUSSEN FREDERICIA A/S
EGIL RASMUSSEN FREDERICIA A/S (CVR number: 18296047) is a company from FREDERICIA. The company reported a net sales of 550.2 mDKK in 2022, demonstrating a growth of 18.2 % compared to the previous year. The operating profit percentage was at 6.2 % (EBIT: 33.9 mDKK), while net earnings were 29.7 mDKK. The profitability of the company measured by Return on Assets (ROA) was 21.3 %, which can be considered excellent and Return on Equity (ROE) was 36.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 44.5 %, 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. EGIL RASMUSSEN FREDERICIA A/S's liquidity measured by quick ratio was 1.8 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2018 | 2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 624.77 | 758.99 | 674.63 | 465.45 | 550.16 |
Gross profit | 130.31 | 159.31 | 157.67 | 130.69 | 143.36 |
EBIT | 20.50 | 14.23 | 34.75 | 30.59 | 33.88 |
Net earnings | 17.56 | 12.72 | 29.96 | 26.75 | 29.67 |
Shareholders equity total | 59.72 | 61.45 | 82.90 | 79.65 | 82.14 |
Balance sheet total (assets) | 194.79 | 231.64 | 202.96 | 186.06 | 184.68 |
Net debt | 42.86 | 62.60 | -3.41 | 11.27 | -0.47 |
Profitability | |||||
EBIT-% | 3.3 % | 1.9 % | 5.2 % | 6.6 % | 6.2 % |
ROA | 16.2 % | 8.4 % | 18.3 % | 17.9 % | 21.3 % |
ROE | 34.5 % | 21.0 % | 41.5 % | 32.9 % | 36.7 % |
ROI | 29.3 % | 14.1 % | 34.0 % | 35.2 % | 39.3 % |
Economic value added (EVA) | 14.96 | 8.04 | 24.00 | 20.11 | 22.98 |
Solvency | |||||
Equity ratio | 30.7 % | 26.5 % | 40.8 % | 42.8 % | 44.5 % |
Gearing | 71.8 % | 101.9 % | 20.9 % | 5.5 % | |
Relative net indebtedness % | 19.7 % | 20.9 % | 15.8 % | 20.0 % | 15.9 % |
Liquidity | |||||
Quick ratio | 1.4 | 1.4 | 1.7 | 1.7 | 1.8 |
Current ratio | 1.4 | 1.4 | 1.7 | 1.8 | 1.8 |
Cash and cash equivalents | 0.01 | 0.01 | 3.41 | 5.39 | 4.97 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 51.4 | 53.7 | 56.9 | 76.2 | 51.1 |
Net working capital % | 8.7 % | 8.2 % | 11.3 % | 14.7 % | 13.3 % |
Credit risk | |||||
Credit rating | BBB | BBB | BBB | A | A |
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