RAFFINADERIET A/S — Credit Rating and Financial Key Figures

CVR number: 20999349
Kompagnistræde 16, 1208 København K
jens@raffinaderiet.dk
tel: 70260261
www.raffinaderiet.dk

Credit rating

Company information

Official name
RAFFINADERIET A/S
Personnel
3 persons
Established
1998
Company form
Limited company
Industry

About RAFFINADERIET A/S

RAFFINADERIET A/S (CVR number: 20999349) is a company from KØBENHAVN. The company recorded a gross profit of 2883 kDKK in 2023. The operating profit was 59.5 kDKK, while net earnings were 1.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.6 %, which can be considered weak and Return on Equity (ROE) was 0.2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 41.8 %, 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. RAFFINADERIET A/S's liquidity measured by quick ratio was 2.4 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales10 857.20
Gross profit6 922.304 637.482 764.553 285.402 883.00
EBIT413.81-20.85- 154.54295.5259.54
Net earnings313.56-22.67- 130.65230.881.85
Shareholders equity total1 018.86996.19865.551 096.42867.39
Balance sheet total (assets)2 599.153 113.832 454.382 535.772 124.44
Net debt- 863.30-2 148.65- 876.39- 498.50- 573.51
Profitability
EBIT-%3.8 %
ROA11.1 %-0.7 %-5.5 %12.5 %2.6 %
ROE18.0 %-2.3 %-14.0 %23.5 %0.2 %
ROI23.5 %-2.0 %-16.5 %29.0 %5.4 %
Economic value added (EVA)326.25-24.67-63.99230.2938.47
Solvency
Equity ratio42.5 %33.6 %38.5 %52.5 %41.8 %
Gearing16.3 %11.1 %
Relative net indebtedness %6.4 %
Liquidity
Quick ratio2.01.82.13.92.4
Current ratio1.71.61.82.32.3
Cash and cash equivalents863.302 148.65876.39677.16669.57
Capital use efficiency
Trade debtors turnover (days)39.5
Net working capital %8.5 %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:2.59%
Rating: 33/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:41.8%
Rating: 34/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

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