SØREN TRIER RASMUSSEN EJENDOMME ApS — Credit Rating and Financial Key Figures

CVR number: 21738093
Arresøvej 9 B, 8240 Risskov

Company information

Official name
SØREN TRIER RASMUSSEN EJENDOMME ApS
Established
1999
Company form
Private limited company
Industry

About SØREN TRIER RASMUSSEN EJENDOMME ApS

SØREN TRIER RASMUSSEN EJENDOMME ApS (CVR number: 21738093) is a company from AARHUS. The company recorded a gross profit of -129.5 kDKK in 2023. The operating profit was -129.5 kDKK, while net earnings were -259.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.4 %, which can be considered poor and Return on Equity (ROE) was -16.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 26.7 %, 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. SØREN TRIER RASMUSSEN EJENDOMME ApS's liquidity measured by quick ratio was 1.1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales338.69289.98262.50
Gross profit97.39133.2955.84- 232.57- 129.53
EBIT97.39133.2955.84- 232.57- 129.53
Net earnings83.75123.4055.99- 302.35- 259.09
Shareholders equity total1 847.131 970.532 028.241 725.891 466.80
Balance sheet total (assets)5 346.035 373.905 341.395 379.885 484.78
Net debt2 632.252 610.242 694.553 053.093 574.46
Profitability
EBIT-%28.8 %46.0 %21.3 %
ROA2.7 %3.4 %2.1 %-4.3 %-2.4 %
ROE4.6 %6.5 %2.8 %-16.1 %-16.2 %
ROI2.8 %3.6 %2.2 %-4.5 %-2.4 %
Economic value added (EVA)- 103.21-67.29- 149.13- 443.59- 339.82
Solvency
Equity ratio34.6 %36.7 %38.0 %32.1 %26.7 %
Gearing154.3 %140.4 %132.9 %176.9 %243.7 %
Relative net indebtedness %844.4 %974.8 %1101.3 %
Liquidity
Quick ratio2.22.22.12.01.1
Current ratio2.22.22.12.01.1
Cash and cash equivalents218.64156.201.72
Capital use efficiency
Trade debtors turnover (days)75.2138.2236.1
Net working capital %245.3 %295.1 %313.0 %
Credit risk
Credit ratingAAABBBBB

Variable visualization

ROA:-2.38%
Rating: 18/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:26.7%
Rating: 24/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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