RAVN'S VÆRKTØJS-OG MASKINFABRIK A/S
Credit rating
Company information
About RAVN'S VÆRKTØJS-OG MASKINFABRIK A/S
RAVN'S VÆRKTØJS-OG MASKINFABRIK A/S (CVR number: 13170002) is a company from KOLDING. The company recorded a gross profit of 7668.4 kDKK in 2023. The operating profit was -429.7 kDKK, while net earnings were -771.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.3 %, which can be considered poor and Return on Equity (ROE) was -12.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 28.2 %, 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. RAVN'S VÆRKTØJS-OG MASKINFABRIK A/S's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 6 414.70 | 5 708.08 | 7 074.21 | 7 461.95 | 7 668.38 |
EBIT | 212.78 | 253.08 | 991.97 | 932.08 | - 429.68 |
Net earnings | 41.87 | 119.87 | 694.32 | 472.00 | - 771.24 |
Shareholders equity total | 5 512.17 | 5 618.49 | 6 307.30 | 6 779.30 | 6 008.07 |
Balance sheet total (assets) | 11 723.72 | 11 466.56 | 11 671.28 | 15 430.43 | 21 279.83 |
Net debt | 1 069.58 | - 668.51 | 416.49 | 5 157.63 | 5 591.18 |
Profitability | |||||
EBIT-% | |||||
ROA | 1.9 % | 2.2 % | 8.6 % | 6.9 % | -2.3 % |
ROE | 0.7 % | 2.2 % | 11.6 % | 7.2 % | -12.1 % |
ROI | 2.2 % | 2.5 % | 10.2 % | 7.8 % | -2.9 % |
Economic value added (EVA) | -16.38 | -55.03 | 565.24 | 388.65 | - 676.24 |
Solvency | |||||
Equity ratio | 47.0 % | 49.0 % | 54.0 % | 43.9 % | 28.2 % |
Gearing | 26.7 % | 13.9 % | 11.2 % | 76.1 % | 93.1 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.8 | 1.0 | 0.9 | 0.7 | 0.5 |
Current ratio | 1.6 | 2.0 | 2.4 | 1.6 | 1.1 |
Cash and cash equivalents | 399.87 | 1 448.48 | 287.42 | 4.58 | 4.93 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | A | A | BBB |
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