ROVSING A/S — Credit Rating and Financial Key Figures

CVR number: 16139084
Ejby Industrivej 38, 2600 Glostrup
info@rovsing.dk
tel: 44200800
https://rovsing.dk

Company information

Official name
ROVSING A/S
Personnel
33 persons
Established
1992
Company form
Limited company
Industry

About ROVSING A/S

ROVSING A/S (CVR number: 16139084K) is a company from GLOSTRUP. The company reported a net sales of 39.3 mDKK in 2023, demonstrating a growth of 38.5 % compared to the previous year. The operating profit percentage was at 2.5 % (EBIT: 1 mDKK), while net earnings were 166 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.9 %, which can be considered weak and Return on Equity (ROE) was 2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 38.8 %, 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 1.2 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 (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales21.8427.5427.0128.3439.26
Gross profit14.7633.1932.0335.7651.49
EBIT-5.32-2.50-0.71-0.960.96
Net earnings-6.81-3.40-1.55-1.730.17
Shareholders equity total11.429.588.096.6210.18
Balance sheet total (assets)27.2525.1332.5233.1935.34
Net debt2.202.918.013.844.23
Profitability
EBIT-%-24.4 %-9.1 %-2.6 %-3.4 %2.5 %
ROA-17.2 %-9.5 %-2.3 %-2.8 %2.9 %
ROE-45.4 %-32.4 %-17.6 %-23.5 %2.0 %
ROI-23.9 %-15.0 %-3.3 %-4.9 %5.7 %
Economic value added (EVA)-6.33-2.89-0.95-0.990.56
Solvency
Equity ratio46.7 %39.7 %27.7 %27.2 %38.8 %
Gearing21.2 %33.2 %102.2 %58.0 %42.1 %
Relative net indebtedness %71.4 %55.5 %89.5 %93.8 %64.0 %
Liquidity
Quick ratio0.50.90.80.81.2
Current ratio0.61.00.80.70.9
Cash and cash equivalents0.220.270.260.000.05
Capital use efficiency
Trade debtors turnover (days)37.661.4104.875.264.2
Net working capital %-28.3 %0.8 %-10.7 %-25.0 %-5.1 %
Credit risk
Credit ratingBBBAABBBA

Variable visualization

ROA:2.92%
Rating: 35/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:38.8%
Rating: 32/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Chief executive officer
Board member

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