RASMUSSEN & RUELAS A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About RASMUSSEN & RUELAS A/S
RASMUSSEN & RUELAS A/S (CVR number: 21017205) is a company from KØBENHAVN. The company recorded a gross profit of -474.4 kDKK in 2023. The operating profit was -499.4 kDKK, while net earnings were 452.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.9 %, which can be considered decent and Return on Equity (ROE) was 5.2 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 90.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. RASMUSSEN & RUELAS A/S's liquidity measured by quick ratio was 10 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | - 709.78 | - 677.87 | - 332.20 | -2 156.32 | - 474.39 |
EBIT | - 769.96 | - 738.28 | - 369.70 | -2 143.52 | - 499.39 |
Net earnings | - 234.16 | -1 106.05 | - 292.94 | -2 909.87 | 452.31 |
Shareholders equity total | 13 109.57 | 12 003.52 | 11 597.58 | 8 573.31 | 8 907.82 |
Balance sheet total (assets) | 13 369.56 | 12 848.14 | 12 651.66 | 9 625.35 | 9 850.05 |
Net debt | -10 655.85 | -8 852.66 | -8 996.70 | -7 691.02 | -8 379.36 |
Profitability | |||||
EBIT-% | |||||
ROA | -1.6 % | -2.7 % | 1.5 % | -18.6 % | 4.9 % |
ROE | -1.8 % | -8.8 % | -2.5 % | -28.9 % | 5.2 % |
ROI | -1.6 % | -2.7 % | 1.5 % | -18.7 % | 4.9 % |
Economic value added (EVA) | - 891.26 | - 852.99 | - 476.45 | -2 224.26 | - 493.69 |
Solvency | |||||
Equity ratio | 98.1 % | 93.4 % | 91.7 % | 89.1 % | 90.4 % |
Gearing | 1.3 % | 6.7 % | 8.6 % | 11.6 % | 10.4 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 42.1 | 12.5 | 10.0 | 8.4 | 10.0 |
Current ratio | 50.4 | 15.2 | 12.0 | 9.1 | 10.5 |
Cash and cash equivalents | 10 826.68 | 9 652.28 | 9 990.78 | 8 687.05 | 9 306.59 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BB | BBB |
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