RB Health Nordic A/S
Credit rating
Company information
About RB Health Nordic A/S
RB Health Nordic A/S (CVR number: 61016317) is a company from GLADSAXE. The company reported a net sales of 346 mDKK in 2023, demonstrating a decline of -7.8 % compared to the previous year. The operating profit percentage was at 7 % (EBIT: 24.1 mDKK), while net earnings were 15.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was 12.8 %, which can be considered good but Return on Equity (ROE) was 21.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 25 %, 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. RB Health Nordic A/S's liquidity measured by quick ratio was 1.1 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 250.76 | 295.99 | 300.55 | 375.22 | 346.03 |
Gross profit | 44.90 | 53.55 | 58.08 | 71.18 | 64.40 |
EBIT | -2.29 | 16.20 | -4.79 | 22.76 | 24.13 |
Net earnings | -4.11 | 4.64 | -6.99 | 15.78 | 15.13 |
Shareholders equity total | 44.56 | 52.92 | 45.56 | 63.94 | 77.34 |
Balance sheet total (assets) | 234.41 | 300.58 | 249.14 | 258.01 | 309.81 |
Net debt | 93.64 | 138.65 | |||
Profitability | |||||
EBIT-% | -0.9 % | 5.5 % | -1.6 % | 6.1 % | 7.0 % |
ROA | -0.7 % | 6.1 % | -1.7 % | 12.1 % | 12.8 % |
ROE | -4.9 % | 9.5 % | -14.2 % | 28.8 % | 21.4 % |
ROI | -1.0 % | 6.1 % | -1.7 % | 13.9 % | 16.4 % |
Economic value added (EVA) | -7.40 | 13.96 | -7.45 | 15.36 | 15.93 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 24.8 % | 25.0 % |
Gearing | 199.8 % | 220.9 % | |||
Relative net indebtedness % | 42.3 % | 57.5 % | |||
Liquidity | |||||
Quick ratio | 1.1 | 1.1 | |||
Current ratio | 1.3 | 1.3 | |||
Cash and cash equivalents | 34.10 | 32.21 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 46.9 | 49.0 | |||
Net working capital % | 14.8 % | 20.4 % | |||
Credit risk | |||||
Credit rating | BB | BBB | BB | A | A |
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