ROVSING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About ROVSING A/S
ROVSING A/S (CVR number: 16139084K) is a company from GLOSTRUP. The company reported a net sales of 37 mDKK in 2024, demonstrating a decline of -5.7 % compared to the previous year. The operating profit percentage was poor at -2.7 % (EBIT: -1 mDKK), while net earnings were -2885 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.8 %, which can be considered poor and Return on Equity (ROE) was -27.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 30.6 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. ROVSING A/S's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 27.54 | 27.01 | 28.34 | 39.26 | 37.02 |
| Gross profit | 33.19 | 32.03 | 35.76 | 26.46 | 25.33 |
| EBIT | -2.50 | -0.71 | -0.96 | 0.96 | -0.99 |
| Net earnings | -3.40 | -1.55 | -1.73 | 0.17 | -2.88 |
| Shareholders equity total | 9.58 | 8.09 | 6.62 | 10.18 | 10.75 |
| Balance sheet total (assets) | 25.13 | 32.52 | 33.19 | 35.34 | 35.13 |
| Net debt | 2.91 | 8.01 | 3.84 | -0.01 | -0.02 |
| Profitability | |||||
| EBIT-% | -9.1 % | -2.6 % | -3.4 % | 2.5 % | -2.7 % |
| ROA | -9.5 % | -2.3 % | -2.8 % | 2.9 % | -2.8 % |
| ROE | -32.4 % | -17.6 % | -23.5 % | 2.0 % | -27.6 % |
| ROI | -15.0 % | -3.3 % | -4.9 % | 6.6 % | -6.1 % |
| Economic value added (EVA) | -3.26 | -1.31 | -1.68 | 0.09 | -1.86 |
| Solvency | |||||
| Equity ratio | 39.7 % | 27.7 % | 27.2 % | 28.8 % | 30.6 % |
| Gearing | 33.2 % | 102.2 % | 58.0 % | ||
| Relative net indebtedness % | 55.5 % | 89.5 % | 93.8 % | 64.1 % | 65.8 % |
| Liquidity | |||||
| Quick ratio | 0.9 | 0.8 | 0.8 | 0.6 | 0.6 |
| Current ratio | 1.0 | 0.8 | 0.7 | 0.9 | 0.8 |
| Cash and cash equivalents | 0.27 | 0.26 | 0.00 | 0.01 | 0.02 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | 61.4 | 104.8 | 75.2 | ||
| Net working capital % | 0.8 % | -10.7 % | -25.0 % | -5.1 % | -9.9 % |
| Credit risk | |||||
| Credit rating | A | A | BBB | A | BBB |
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