RASCON ApS — Credit Rating and Financial Key Figures

CVR number: 29199469
Plougslundvej 229, 7190 Billund
peer.juel.rasmussen@gmail.com
tel: 25310075

Credit rating

Company information

Official name
RASCON ApS
Personnel
2 persons
Established
2005
Company form
Private limited company
Industry

About RASCON ApS

RASCON ApS (CVR number: 29199469) is a company from BILLUND. The company recorded a gross profit of 1345.5 kDKK in 2023. The operating profit was 413.8 kDKK, while net earnings were 526.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 16.5 %, which can be considered excellent but Return on Equity (ROE) was 13.4 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 95.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. RASCON ApS's liquidity measured by quick ratio was 20.6 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit535.001 216.502 064.201 663.921 345.52
EBIT- 378.26389.461 328.83692.95413.80
Net earnings- 373.12611.801 091.46582.66526.26
Shareholders equity total1 761.002 262.203 240.663 708.924 117.38
Balance sheet total (assets)1 952.322 809.753 485.313 901.164 327.57
Net debt-1 691.62-2 570.47-3 300.75-3 621.39-4 297.11
Profitability
EBIT-%
ROA-15.2 %33.7 %47.1 %22.4 %16.5 %
ROE-18.6 %30.4 %39.7 %16.8 %13.4 %
ROI-16.9 %37.7 %51.4 %23.6 %17.2 %
Economic value added (EVA)- 288.14300.591 062.51545.56319.67
Solvency
Equity ratio90.2 %80.5 %93.0 %95.1 %95.1 %
Gearing0.9 %9.9 %1.3 %0.7 %0.7 %
Relative net indebtedness %
Liquidity
Quick ratio10.25.114.220.320.6
Current ratio10.25.114.220.320.6
Cash and cash equivalents1 707.282 793.913 342.263 646.754 327.57
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:16.5%
Rating: 68/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:95.1%
Rating: 76/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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