RATESHARE ApS — Credit Rating and Financial Key Figures

CVR number: 33594054
Vejlsøvej 51, 8600 Silkeborg

Credit rating

Company information

Official name
RATESHARE ApS
Personnel
2 persons
Established
2011
Company form
Private limited company
Industry

About RATESHARE ApS

RATESHARE ApS (CVR number: 33594054) is a company from SILKEBORG. The company recorded a gross profit of 1014.8 kDKK in 2023. The operating profit was 262 kDKK, while net earnings were 225.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8 %, which can be considered decent but Return on Equity (ROE) was 23.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 30.9 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. RATESHARE ApS's liquidity measured by quick ratio was 1.6 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit2 100.251 404.62953.631 288.431 014.77
EBIT737.51353.48156.39425.97262.00
Net earnings559.64267.91118.50329.41225.51
Shareholders equity total1 033.621 051.53920.03849.431 074.94
Balance sheet total (assets)3 741.913 186.023 061.023 457.113 914.85
Net debt-2 469.93-1 605.52-2 851.49-3 001.28-3 500.65
Profitability
EBIT-%
ROA21.2 %10.6 %5.4 %13.2 %8.0 %
ROE55.8 %25.7 %12.0 %37.2 %23.4 %
ROI70.0 %31.8 %16.2 %48.5 %30.4 %
Economic value added (EVA)672.63349.59152.30429.09311.97
Solvency
Equity ratio29.7 %35.6 %32.4 %26.4 %30.9 %
Gearing4.5 %4.8 %0.1 %0.1 %1.5 %
Relative net indebtedness %
Liquidity
Quick ratio1.51.71.61.51.6
Current ratio1.41.51.41.31.4
Cash and cash equivalents2 516.551 655.792 852.223 002.013 516.79
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:8.00%
Rating: 51/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:30.9%
Rating: 27/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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