KAREN RASMUSSEN HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 32144179
Østre Stationsvej 44, 5000 Odense C

Company information

Official name
KAREN RASMUSSEN HOLDING ApS
Established
2009
Company form
Private limited company
Industry

About KAREN RASMUSSEN HOLDING ApS

KAREN RASMUSSEN HOLDING ApS (CVR number: 32144179) is a company from ODENSE. The company recorded a gross profit of -14.9 kDKK in 2021. The operating profit was -14.9 kDKK, while net earnings were 1070 kDKK. The profitability of the company measured by Return on Assets (ROA) was 32.2 %, which can be considered excellent and Return on Equity (ROE) was 49.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 19 %, 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. KAREN RASMUSSEN HOLDING ApS's liquidity measured by quick ratio was 62.9 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
2017
2018
2019
2020
2021
Volume
Net sales
Gross profit54.93-39.73-32.12-18.98-14.86
EBIT- 745.07- 839.73-32.12-18.98-14.86
Net earnings-42.23146.821 304.711 310.791 070.03
Shareholders equity total-3 248.23-3 101.41-1 796.70- 485.91584.12
Balance sheet total (assets)3 012.772 347.883 092.173 701.143 079.38
Net debt3 491.733 599.343 453.053 413.382 345.12
Profitability
EBIT-%
ROA5.5 %6.8 %29.4 %32.6 %32.2 %
ROE-1.2 %5.5 %48.0 %38.6 %49.9 %
ROI5.6 %7.0 %31.0 %34.9 %33.5 %
Economic value added (EVA)- 333.47- 467.12252.89214.25159.03
Solvency
Equity ratio-51.9 %-56.9 %-36.8 %-11.6 %19.0 %
Gearing-110.4 %-119.3 %-198.0 %-765.5 %424.7 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.00.61.362.9
Current ratio0.00.00.61.362.9
Cash and cash equivalents94.0099.20104.40306.18135.82
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBA

Variable visualization

ROA:32.2%
Rating: 85/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:19.0%
Rating: 18/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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