TH. RASMUSSEN EJENDOMME ApS — Credit Rating and Financial Key Figures

CVR number: 32161413
Kystvej 4, 4800 Nykøbing F

Credit rating

Company information

Official name
TH. RASMUSSEN EJENDOMME ApS
Personnel
1 person
Established
2009
Company form
Private limited company
Industry
  • Expand more icon68Real estate activities

About TH. RASMUSSEN EJENDOMME ApS

TH. RASMUSSEN EJENDOMME ApS (CVR number: 32161413) is a company from GULDBORGSUND. The company recorded a gross profit of 1293.2 kDKK in 2023. The operating profit was 1196.4 kDKK, while net earnings were 504.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.7 %, which can be considered decent but Return on Equity (ROE) was 8 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 29.3 %, 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. TH. RASMUSSEN EJENDOMME ApS's liquidity measured by quick ratio was 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit476.12520.04343.871 014.571 293.23
EBIT-1 124.842 284.45254.50909.261 196.45
Net earnings-2 435.321 958.0199.87813.70504.45
Shareholders equity total2 609.494 237.504 037.376 410.606 173.06
Balance sheet total (assets)16 211.8218 129.8817 793.6521 488.0021 076.81
Net debt12 039.969 964.1610 256.9712 436.4912 486.93
Profitability
EBIT-%
ROA3.0 %15.0 %1.4 %7.3 %5.7 %
ROE-61.2 %57.2 %2.4 %15.6 %8.0 %
ROI-15.0 %15.3 %1.5 %7.5 %5.8 %
Economic value added (EVA)-1 895.781 071.92- 499.4819.36-6.04
Solvency
Equity ratio16.1 %23.4 %22.7 %29.8 %29.3 %
Gearing465.0 %283.3 %293.1 %206.5 %211.0 %
Relative net indebtedness %
Liquidity
Quick ratio1.64.11.61.81.0
Current ratio1.64.11.61.81.0
Cash and cash equivalents93.102 039.991 574.63801.05540.63
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAAAAA

Variable visualization

ROA:5.72%
Rating: 45/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:29.3%
Rating: 26/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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