Rasmussen Finans ApS — Credit Rating and Financial Key Figures

CVR number: 40110925
Studstrup Strandvej 35, Studstrup 8541 Skødstrup

Credit rating

Company information

Official name
Rasmussen Finans ApS
Established
2018
Domicile
Studstrup
Company form
Private limited company
Industry
  • Expand more icon64Financial service activities, except insurance and pension funding

About Rasmussen Finans ApS

Rasmussen Finans ApS (CVR number: 40110925) is a company from AARHUS. The company recorded a gross profit of -31.5 kDKK in 2024. The operating profit was -31.5 kDKK, while net earnings were 52.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.7 %, which can be considered weak and Return on Equity (ROE) was 2.6 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 15.1 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Rasmussen Finans ApS's liquidity measured by quick ratio was 0.3 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-9.38-10.00-12.07-27.00-31.51
EBIT-9.38-10.00-12.07-27.00-31.51
Net earnings- 190.20- 212.086 358.15- 125.0052.26
Shareholders equity total- 183.76- 395.842 492.312 127.001 929.84
Balance sheet total (assets)9 612.749 644.7012 783.9112 676.0012 745.48
Net debt9 661.939 915.987 149.917 523.007 668.37
Profitability
EBIT-%
ROA0.0 %-0.2 %59.6 %0.8 %2.7 %
ROE-2.0 %-2.2 %104.8 %-5.4 %2.6 %
ROI0.0 %-0.2 %59.6 %0.8 %2.7 %
Economic value added (EVA)0.328.9013.8011.2524.96
Solvency
Equity ratio-1.9 %-3.9 %19.5 %16.8 %15.1 %
Gearing-5326.8 %-2534.5 %412.6 %495.6 %559.9 %
Relative net indebtedness %
Liquidity
Quick ratio27.90.00.30.30.3
Current ratio27.90.00.30.30.3
Cash and cash equivalents126.57116.573 133.683 018.003 135.85
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:2.72%
Rating: 34/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:15.1%
Rating: 15/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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