DRESCHER OG RASMUSSEN ApS — Credit Rating and Financial Key Figures

CVR number: 26194237
Duevej 9, 6580 Vamdrup

Company information

Official name
DRESCHER OG RASMUSSEN ApS
Personnel
2 persons
Established
2001
Company form
Private limited company
Industry

About DRESCHER OG RASMUSSEN ApS

DRESCHER OG RASMUSSEN ApS (CVR number: 26194237) is a company from KOLDING. The company recorded a gross profit of -34.2 kDKK in 2023. The operating profit was -155.6 kDKK, while net earnings were -148.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -5 %, which can be considered poor and Return on Equity (ROE) was -27.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 19.3 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. DRESCHER OG RASMUSSEN ApS's liquidity measured by quick ratio was 0 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit1 588.001 561.001 174.001 096.00-34.23
EBIT216.00259.00-96.0085.00- 155.57
Net earnings101.00135.00-96.0015.00- 148.26
Shareholders equity total262.00837.00606.00621.00473.01
Balance sheet total (assets)3 677.005 948.004 195.003 761.002 459.34
Net debt2 205.001 158.001 682.002 487.001 660.68
Profitability
EBIT-%
ROA5.6 %5.4 %-1.9 %2.1 %-5.0 %
ROE28.6 %24.6 %-13.3 %2.4 %-27.1 %
ROI7.9 %8.1 %-2.9 %2.8 %-5.5 %
Economic value added (EVA)94.02148.92- 145.64-49.18- 236.68
Solvency
Equity ratio7.1 %14.1 %14.4 %16.5 %19.3 %
Gearing845.0 %294.7 %308.1 %400.5 %351.9 %
Relative net indebtedness %
Liquidity
Quick ratio0.51.00.50.40.0
Current ratio0.71.21.01.00.1
Cash and cash equivalents9.001 309.00185.003.77
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:-5.00%
Rating: 15/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:19.3%
Rating: 18/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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