RONALD FAR EAST ApS — Credit Rating and Financial Key Figures

CVR number: 34692157
Bomhusvej 20, 2100 København Ø

Company information

Official name
RONALD FAR EAST ApS
Established
2012
Company form
Private limited company
Industry

About RONALD FAR EAST ApS

RONALD FAR EAST ApS (CVR number: 34692157) is a company from KØBENHAVN. The company reported a net sales of -0.6 mDKK in 2024, demonstrating a decline of 83.6 % compared to the previous year. The operating profit percentage was poor at 0 % (EBIT: -0.6 mDKK), while net earnings were -618.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -42 %, which can be considered poor and Return on Equity (ROE) was -63.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -52 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. RONALD FAR EAST ApS's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales- 300.38- 284.31- 288.88- 313.95- 576.51
Gross profit- 325.13- 309.38- 313.94- 339.01- 601.58
EBIT- 325.13- 309.38- 313.94- 339.01- 601.58
Net earnings- 340.05- 324.76- 329.63- 354.56- 618.07
Shareholders equity total747.20643.20277.37- 176.46- 756.78
Balance sheet total (assets)2 086.322 021.731 671.561 235.43698.95
Net debt1 264.251 304.911 345.751 386.321 428.16
Profitability
EBIT-%
ROA-14.2 %-15.1 %-17.0 %-22.0 %-42.0 %
ROE-35.7 %-46.7 %-71.6 %-46.9 %-63.9 %
ROI-14.4 %-15.2 %-17.2 %-22.4 %-42.7 %
Economic value added (EVA)- 438.40- 402.46- 403.70- 411.14- 651.19
Solvency
Equity ratio35.8 %31.8 %16.6 %-12.5 %-52.0 %
Gearing175.9 %210.4 %493.6 %-785.9 %-189.1 %
Relative net indebtedness %-429.2 %-467.8 %-474.5 %-449.5 %-252.1 %
Liquidity
Quick ratio0.00.00.00.00.0
Current ratio0.00.00.00.00.0
Cash and cash equivalents49.8848.6323.450.582.57
Capital use efficiency
Trade debtors turnover (days)
Net working capital %425.5 %463.7 %470.5 %445.9 %250.0 %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:-42.0%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-52.0%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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