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

About TH. RASMUSSEN EJENDOMME ApS

TH. RASMUSSEN EJENDOMME ApS (CVR number: 32161413) is a company from GULDBORGSUND. The company recorded a gross profit of 1230.4 kDKK in 2024. The operating profit was 112.4 kDKK, while net earnings were -355.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.6 %, which can be considered weak but Return on Equity (ROE) was -6.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 27.4 %, 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 0.5 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 profit520.04343.871 014.571 293.231 230.37
EBIT2 284.45254.50909.261 196.45112.42
Net earnings1 958.0199.87813.70504.45- 355.49
Shareholders equity total4 237.504 037.376 410.606 173.065 502.57
Balance sheet total (assets)18 129.8817 793.6521 488.0021 076.8120 101.06
Net debt9 964.1610 256.9712 436.4912 486.9313 065.76
Profitability
EBIT-%
ROA15.0 %1.4 %7.3 %5.7 %0.6 %
ROE57.2 %2.4 %15.6 %8.0 %-6.1 %
ROI15.3 %1.5 %7.5 %5.8 %0.6 %
Economic value added (EVA)1 007.39- 685.19- 168.76- 138.76- 954.62
Solvency
Equity ratio23.4 %22.7 %29.8 %29.3 %27.4 %
Gearing283.3 %293.1 %206.5 %211.0 %237.4 %
Relative net indebtedness %
Liquidity
Quick ratio4.11.61.81.00.5
Current ratio4.11.61.81.00.5
Cash and cash equivalents2 039.991 574.63801.05540.63
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAABBB

Variable visualization

ROA:0.56%
Rating: 23/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:27.4%
Rating: 24/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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