RAINS ApS

CVR number: 34476187
Jens Olsens Vej 13, Skejby 8200 Aarhus N
mail@rains.dk
tel: 71992516
www.rains.dk

Credit rating

Company information

Official name
RAINS ApS
Personnel
113 persons
Established
2012
Domicile
Skejby
Company form
Private limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About RAINS ApS

RAINS ApS (CVR number: 34476187K) is a company from AARHUS. The company reported a net sales of 627.7 mDKK in 2023, demonstrating a growth of 11.4 % compared to the previous year. The operating profit percentage was at 11.5 % (EBIT: 72.4 mDKK), while net earnings were 57.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was 20.5 %, which can be considered excellent and Return on Equity (ROE) was 44.1 %, 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. RAINS 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 financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
20192020202120222023
Volume
Net sales400.94563.24627.70
Gross profit63.7378.86120.62143.57168.41
EBIT26.5641.8954.6367.7872.37
Net earnings20.3230.2444.7450.7157.50
Shareholders equity total52.5172.7597.16119.23141.56
Balance sheet total (assets)114.76133.51213.19351.93458.21
Net debt-8.40-25.90-48.6312.22114.10
Profitability
EBIT-%13.6 %12.0 %11.5 %
ROA27.3 %33.8 %33.3 %26.3 %20.5 %
ROE38.8 %48.3 %52.7 %46.9 %44.1 %
ROI42.5 %59.2 %67.0 %52.5 %33.5 %
Economic value added (EVA)18.1429.7740.5550.9454.20
Solvency
Equity ratio45.8 %54.5 %45.6 %33.9 %30.9 %
Gearing28.0 %1.3 %1.2 %55.2 %119.1 %
Relative net indebtedness %16.5 %31.8 %41.6 %
Liquidity
Quick ratio1.01.21.10.70.5
Current ratio1.71.91.61.30.9
Cash and cash equivalents23.0926.8749.7953.5854.46
Capital use efficiency
Trade debtors turnover (days)59.553.756.8
Net working capital %18.3 %11.2 %-2.6 %
Credit risk
Credit ratingAAAAAAAA

Variable visualization

ROA:20.5%
Rating: 75/100
-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

Chairman of the board
Board member

Companies in the same industry

Build time: 2024-10-21T13:51:17.442Z

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