Rustfasta Work ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Rustfasta Work ApS
Rustfasta Work ApS (CVR number: 38355813) is a company from SKIVE. The company recorded a gross profit of 530.7 kDKK in 2023. The operating profit was -4.6 kDKK, while net earnings were -5.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1 %, which can be considered poor and Return on Equity (ROE) was -2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 64.7 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Rustfasta Work ApS's liquidity measured by quick ratio was 2.8 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 | |||||
Gross profit | 758.45 | 683.70 | 584.28 | 626.43 | 530.72 |
EBIT | 449.39 | 176.71 | - 101.43 | 38.11 | -4.64 |
Net earnings | 348.78 | 136.20 | -86.13 | 22.91 | -5.64 |
Shareholders equity total | 302.31 | 438.52 | 352.39 | 318.10 | 253.56 |
Balance sheet total (assets) | 564.69 | 713.99 | 467.30 | 455.77 | 391.85 |
Net debt | - 281.01 | - 340.23 | - 255.93 | - 250.08 | - 349.79 |
Profitability | |||||
EBIT-% | |||||
ROA | 111.1 % | 27.6 % | -17.2 % | 8.3 % | -1.0 % |
ROE | 139.4 % | 36.8 % | -21.8 % | 6.8 % | -2.0 % |
ROI | 248.8 % | 44.6 % | -24.3 % | 11.4 % | -1.5 % |
Economic value added (EVA) | 352.79 | 140.97 | -77.09 | 24.60 | -7.25 |
Solvency | |||||
Equity ratio | 53.5 % | 61.4 % | 75.4 % | 69.8 % | 64.7 % |
Gearing | 3.2 % | 9.1 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 3.0 | 2.3 | 3.1 | 2.7 | 2.8 |
Current ratio | 3.0 | 2.3 | 3.1 | 2.7 | 2.8 |
Cash and cash equivalents | 290.79 | 380.00 | 255.93 | 250.08 | 349.79 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | A | BBB | BBB | BB |
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