Credit rating
Company information
About RUSH RECORDS ApS
RUSH RECORDS ApS (CVR number: 34221596) is a company from AARHUS. The company recorded a gross profit of 414.1 kDKK in 2023. The operating profit was -393.7 kDKK, while net earnings were -324.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -47.3 %, which can be considered poor and Return on Equity (ROE) was -72.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 42.3 %, 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. RUSH RECORDS ApS's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 847.86 | 726.32 | 919.71 | 877.55 | 414.07 |
EBIT | 273.16 | - 104.33 | 55.97 | 68.45 | - 393.69 |
Net earnings | 209.84 | -88.58 | 39.35 | 30.97 | - 324.90 |
Shareholders equity total | 626.42 | 537.83 | 577.18 | 608.15 | 283.25 |
Balance sheet total (assets) | 1 060.19 | 924.25 | 983.13 | 994.38 | 669.50 |
Net debt | - 323.58 | -76.73 | -24.80 | 79.05 | 72.32 |
Profitability | |||||
EBIT-% | |||||
ROA | 29.4 % | -10.5 % | 5.9 % | 6.9 % | -47.3 % |
ROE | 40.2 % | -15.2 % | 7.1 % | 5.2 % | -72.9 % |
ROI | 50.6 % | -17.4 % | 9.5 % | 10.2 % | -72.0 % |
Economic value added (EVA) | 197.11 | -97.16 | 20.15 | 23.14 | - 338.29 |
Solvency | |||||
Equity ratio | 59.1 % | 58.2 % | 58.7 % | 61.2 % | 42.3 % |
Gearing | 2.5 % | 3.0 % | 9.1 % | 18.1 % | 32.2 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.6 | 1.1 | 1.2 | 1.5 | 0.5 |
Current ratio | 2.6 | 2.2 | 2.3 | 2.4 | 1.6 |
Cash and cash equivalents | 339.20 | 92.98 | 77.10 | 31.18 | 18.93 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BB | BBB | BB | BB |
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