Roust Element A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Roust Element A/S
Roust Element A/S (CVR number: 35480188) is a company from VARDE. The company reported a net sales of 165.3 mDKK in 2023, demonstrating a growth of 4.1 % compared to the previous year. The operating profit percentage was at 6.5 % (EBIT: 10.7 mDKK), while net earnings were 8419.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 17.9 %, which can be considered excellent and Return on Equity (ROE) was 46.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 37.3 %, 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. Roust Element A/S's liquidity measured by quick ratio was 1.5 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 158 782.30 | 165 311.90 | |||
Gross profit | 62 418.96 | 70 036.11 | 61 241.82 | 68 733.59 | 74 132.68 |
EBIT | 10 642.82 | 12 413.63 | 8 404.67 | 4 420.03 | 10 715.31 |
Net earnings | 8 179.19 | 9 416.85 | 6 320.79 | 3 095.76 | 8 419.89 |
Shareholders equity total | 12 315.99 | 14 732.84 | 10 821.88 | 13 917.63 | 22 337.52 |
Balance sheet total (assets) | 33 140.14 | 49 210.59 | 49 928.46 | 61 871.63 | 65 946.81 |
Net debt | 5 707.55 | -7 371.79 | -7 238.14 | -2 838.89 | 310.73 |
Profitability | |||||
EBIT-% | 2.8 % | 6.5 % | |||
ROA | 34.1 % | 30.1 % | 17.1 % | 7.9 % | 17.9 % |
ROE | 69.8 % | 69.6 % | 49.5 % | 25.0 % | 46.4 % |
ROI | 65.2 % | 59.7 % | 42.9 % | 17.3 % | 32.9 % |
Economic value added (EVA) | 7 838.92 | 9 141.47 | 6 294.05 | 3 362.37 | 8 249.83 |
Solvency | |||||
Equity ratio | 38.6 % | 37.0 % | 26.2 % | 27.5 % | 37.3 % |
Gearing | 59.0 % | 17.2 % | 12.8 % | 60.1 % | 32.3 % |
Relative net indebtedness % | 19.4 % | 20.0 % | |||
Liquidity | |||||
Quick ratio | 1.4 | 2.0 | 1.7 | 1.6 | 1.5 |
Current ratio | 1.7 | 1.5 | 1.5 | 1.4 | 1.5 |
Cash and cash equivalents | 1 561.94 | 9 909.11 | 8 625.77 | 11 205.12 | 6 913.92 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 35.6 | 55.1 | |||
Net working capital % | 8.9 % | 10.8 % | |||
Credit risk | |||||
Credit rating | A | A | A | A | A |
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