RAM DANMARK ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About RAM DANMARK ApS
RAM DANMARK ApS (CVR number: 32066739) is a company from RANDERS. The company reported a net sales of 0.6 mDKK in 2023, demonstrating a decline of -16.7 % compared to the previous year. The operating profit percentage was at 7 % (EBIT: 0 mDKK), while net earnings were 29.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10 %, which can be considered good and Return on Equity (ROE) was 12.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 49.5 %, 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. RAM DANMARK ApS's liquidity measured by quick ratio was 2 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 376.33 | 433.04 | 806.82 | 776.33 | 647.00 |
Gross profit | 246.08 | 283.15 | 702.16 | 481.44 | 545.72 |
EBIT | 34.81 | 20.34 | 347.33 | 64.45 | 45.54 |
Net earnings | 6.65 | 14.30 | 268.04 | 68.61 | 29.75 |
Shareholders equity total | - 124.78 | - 110.48 | 157.56 | 226.18 | 255.93 |
Balance sheet total (assets) | 174.53 | 281.89 | 407.74 | 390.59 | 517.28 |
Net debt | - 101.38 | 36.92 | - 311.94 | - 268.79 | - 398.94 |
Profitability | |||||
EBIT-% | 9.2 % | 4.7 % | 43.0 % | 8.3 % | 7.0 % |
ROA | 8.5 % | 5.9 % | 86.8 % | 21.4 % | 10.0 % |
ROE | 2.4 % | 6.3 % | 122.0 % | 35.8 % | 12.3 % |
ROI | 16.8 % | 141.7 % | 34.8 % | 17.8 % | |
Economic value added (EVA) | 51.24 | 26.66 | 286.00 | 65.66 | 36.52 |
Solvency | |||||
Equity ratio | -41.7 % | -28.2 % | 38.6 % | 57.9 % | 49.5 % |
Gearing | -219.8 % | 57.0 % | 7.0 % | 4.8 % | |
Relative net indebtedness % | 52.6 % | 43.1 % | -18.8 % | -15.5 % | -23.2 % |
Liquidity | |||||
Quick ratio | 0.6 | 0.7 | 1.6 | 2.4 | 2.0 |
Current ratio | 0.6 | 0.7 | 1.6 | 2.4 | 2.0 |
Cash and cash equivalents | 101.38 | 205.87 | 401.74 | 284.59 | 411.28 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | -33.2 % | -25.5 % | 19.5 % | 29.1 % | 39.6 % |
Credit risk | |||||
Credit rating | BB | BBB | BBB | BBB | BBB |
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