RUGVÆNGET 11 ApS — Credit Rating and Financial Key Figures

CVR number: 21126004
Rugvænget 11, 8500 Grenaa

Credit rating

Company information

Official name
RUGVÆNGET 11 ApS
Established
1998
Company form
Private limited company
Industry

About RUGVÆNGET 11 ApS

RUGVÆNGET 11 ApS (CVR number: 21126004) is a company from NORDDJURS. The company recorded a gross profit of 396.2 kDKK in 2024. The operating profit was 295.8 kDKK, while net earnings were 181.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.6 %, which can be considered decent but Return on Equity (ROE) was 8 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 61.1 %, 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. RUGVÆNGET 11 ApS's liquidity measured by quick ratio was 0.1 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit246.72327.21278.97285.74396.20
EBIT170.64246.12197.89202.85295.85
Net earnings97.34156.13122.52113.36181.54
Shareholders equity total1 782.771 938.902 061.422 174.772 356.31
Balance sheet total (assets)3 846.613 769.193 823.773 833.183 971.57
Net debt836.73818.80677.37605.95481.04
Profitability
EBIT-%
ROA4.4 %6.5 %5.3 %5.5 %7.6 %
ROE5.6 %8.4 %6.1 %5.4 %8.0 %
ROI6.4 %9.1 %7.4 %7.6 %10.4 %
Economic value added (EVA)5.9959.0314.2117.4293.31
Solvency
Equity ratio48.1 %53.0 %55.6 %58.5 %61.1 %
Gearing49.0 %42.2 %33.2 %27.9 %21.7 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.00.20.20.1
Current ratio0.00.00.20.20.1
Cash and cash equivalents36.906.5930.05
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:7.58%
Rating: 50/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:61.1%
Rating: 47/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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