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ROCKWOOL A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About ROCKWOOL A/S
ROCKWOOL A/S (CVR number: 54879415K) is a company from Høje-Taastrup. The company reported a net sales of 3855 mEUR in 2024, demonstrating a growth of 6.5 % compared to the previous year. The operating profit percentage was at 17.6 % (EBIT: 677 mEUR), while net earnings were 550 mEUR. The profitability of the company measured by Return on Assets (ROA) was 19.3 %, which can be considered excellent and Return on Equity (ROE) was 18.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 79.4 %, 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 1.4 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 financialsNet sales (mEUR)
EBIT (mEUR)
Profitability
Solidity
Key figures (mEUR)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 2 602.00 | 3 088.00 | 3 907.00 | 3 620.00 | 3 855.00 |
| Gross profit | - 323.00 | - 514.00 | -1 044.00 | - 523.00 | - 342.00 |
| EBIT | 338.00 | 401.00 | 402.00 | 518.00 | 677.00 |
| Net earnings | 251.00 | 303.00 | 273.00 | 389.00 | 550.00 |
| Shareholders equity total | 2 092.00 | 2 394.00 | 2 580.00 | 2 804.00 | 3 086.00 |
| Balance sheet total (assets) | 2 744.00 | 3 080.00 | 3 428.00 | 3 554.00 | 3 888.00 |
| Net debt | -74.00 | - 103.00 | -22.00 | - 277.00 | - 322.00 |
| Profitability | |||||
| EBIT-% | 13.0 % | 13.0 % | 10.3 % | 14.3 % | 17.6 % |
| ROA | 12.8 % | 14.1 % | 12.9 % | 16.0 % | 19.3 % |
| ROE | 11.9 % | 13.5 % | 11.0 % | 14.5 % | 18.7 % |
| ROI | 15.2 % | 17.0 % | 15.6 % | 19.1 % | 23.0 % |
| Economic value added (EVA) | 148.09 | 193.16 | 179.71 | 242.55 | 386.14 |
| Solvency | |||||
| Equity ratio | 76.2 % | 77.7 % | 75.3 % | 78.9 % | 79.4 % |
| Gearing | 8.0 % | 2.6 % | 7.0 % | 2.7 % | 2.6 % |
| Relative net indebtedness % | 15.8 % | 16.9 % | 16.5 % | 10.9 % | 10.4 % |
| Liquidity | |||||
| Quick ratio | 1.2 | 1.2 | 1.1 | 1.5 | 1.4 |
| Current ratio | 1.7 | 1.8 | 1.8 | 2.2 | 2.1 |
| Cash and cash equivalents | 241.00 | 165.00 | 202.00 | 354.00 | 403.00 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | 34.6 | 36.3 | 32.4 | 34.0 | 32.0 |
| Net working capital % | 12.4 % | 13.9 % | 12.4 % | 17.7 % | 16.7 % |
| Credit risk | |||||
| Credit rating | A | A | A | A | A |
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