ROCKWOOL A/S

CVR number: 54879415
Hovedgaden 584, Fløng 2640 Hedehusene
tel: 46591092

Credit rating

Company information

Official name
ROCKWOOL A/S
Personnel
500 persons
Established
1936
Domicile
Fløng
Company form
Limited company
Industry
  • Expand more icon70Activities of head offices; management consultancy activities

About ROCKWOOL A/S

ROCKWOOL A/S (CVR number: 54879415K) is a company from Høje-Taastrup. The company reported a net sales of 3620 mEUR in 2023, demonstrating a decline of -7.3 % compared to the previous year. The operating profit percentage was at 14.3 % (EBIT: 518 mEUR), while net earnings were 389 mEUR. The profitability of the company measured by Return on Assets (ROA) was 16 %, which can be considered excellent but Return on Equity (ROE) was 14.5 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 78.9 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. ROCKWOOL A/S's liquidity measured by quick ratio was 1.5 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Net sales (mEUR)

EBIT (mEUR)

Profitability

Solidity

Key figures (mEUR)

See financials
20192020202120222023
Volume
Net sales2 757.002 602.003 088.003 907.003 620.00
Gross profit- 381.00- 323.00- 514.00-1 044.00- 523.00
EBIT372.00338.00401.00402.00518.00
Net earnings285.00251.00303.00273.00389.00
Shareholders equity total2 118.002 092.002 394.002 580.002 804.00
Balance sheet total (assets)2 694.002 744.003 080.003 428.003 554.00
Net debt- 202.00-74.00- 103.00-22.00- 276.00
Profitability
EBIT-%13.5 %13.0 %13.0 %10.3 %14.3 %
ROA14.7 %12.8 %14.1 %12.9 %16.0 %
ROE14.3 %11.9 %13.5 %11.0 %14.5 %
ROI18.0 %15.2 %17.0 %15.6 %19.1 %
Economic value added (EVA)214.81167.74210.24192.17263.71
Solvency
Equity ratio78.6 %76.2 %77.7 %75.3 %78.9 %
Gearing3.4 %8.0 %2.6 %7.0 %2.7 %
Relative net indebtedness %10.9 %15.8 %16.9 %16.5 %11.0 %
Liquidity
Quick ratio1.51.21.21.11.5
Current ratio2.11.71.81.82.2
Cash and cash equivalents275.00241.00165.00202.00353.00
Capital use efficiency
Trade debtors turnover (days)36.434.636.332.434.0
Net working capital %16.4 %12.4 %13.9 %12.4 %17.7 %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:16.0%
Rating: 68/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:78.9%
Rating: 59/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chairman of the board
Board member

Companies in the same industry

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