RAINS ApS — Credit Rating and Financial Key Figures

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: 34476187) is a company from AARHUS. The company reported a net sales of 478.1 mDKK in 2023, demonstrating a growth of 5.3 % compared to the previous year. The operating profit percentage was at 13.7 % (EBIT: 65.3 mDKK), while net earnings were 57.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was 28.9 %, 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 46.8 %, 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. RAINS ApS's liquidity measured by quick ratio was 1.1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
20192020202120222023
Volume
Net sales332.24454.10478.13
Gross profit57.2976.60101.26117.61129.50
EBIT26.3947.5349.5863.9165.27
Net earnings20.3230.2444.7450.7157.50
Shareholders equity total52.5172.7597.16119.23141.56
Balance sheet total (assets)106.83120.99202.83272.36302.46
Net debt-3.96-19.82-30.8120.5131.10
Profitability
EBIT-%14.9 %14.1 %13.7 %
ROA29.2 %36.9 %35.2 %31.2 %28.9 %
ROE38.8 %48.3 %52.7 %46.9 %44.1 %
ROI41.9 %58.9 %65.1 %60.2 %49.8 %
Economic value added (EVA)18.0735.4236.0046.9745.53
Solvency
Equity ratio49.1 %60.2 %47.9 %43.8 %46.8 %
Gearing28.6 %1.1 %3.5 %22.1 %31.9 %
Relative net indebtedness %21.5 %32.4 %30.5 %
Liquidity
Quick ratio1.21.51.10.91.1
Current ratio1.82.31.71.61.7
Cash and cash equivalents18.9620.5934.225.8014.04
Capital use efficiency
Trade debtors turnover (days)63.452.961.0
Net working capital %22.0 %21.0 %22.6 %
Credit risk
Credit ratingAAAAAAAAAAAA

Variable visualization

ROA:28.9%
Rating: 83/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:46.8%
Rating: 38/100
-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

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