THYGE SYLVESTER RASMUSSEN A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About THYGE SYLVESTER RASMUSSEN A/S
THYGE SYLVESTER RASMUSSEN A/S (CVR number: 29622132) is a company from SKANDERBORG. The company recorded a gross profit of 9052 kDKK in 2024. The operating profit was 494.5 kDKK, while net earnings were -310.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.8 %, which can be considered weak but Return on Equity (ROE) was -4.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 29 %, 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. THYGE SYLVESTER RASMUSSEN A/S's liquidity measured by quick ratio was 1.2 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 9 753.11 | 11 064.50 | 11 272.96 | 11 302.16 | 9 052.00 |
EBIT | 960.37 | 1 442.04 | 2 603.59 | 750.77 | 494.50 |
Net earnings | 444.54 | 928.01 | 1 853.46 | - 212.22 | - 310.80 |
Shareholders equity total | 5 084.49 | 6 012.51 | 7 865.97 | 7 653.75 | 7 342.95 |
Balance sheet total (assets) | 24 809.82 | 27 143.41 | 31 168.84 | 29 272.71 | 25 337.70 |
Net debt | 12 781.26 | 13 274.00 | 11 538.98 | 2 587.50 | 2 085.50 |
Profitability | |||||
EBIT-% | |||||
ROA | 4.0 % | 5.6 % | 9.1 % | 2.5 % | 1.8 % |
ROE | 9.1 % | 16.7 % | 26.7 % | -2.7 % | -4.1 % |
ROI | 4.7 % | 6.4 % | 10.1 % | 2.9 % | 2.3 % |
Economic value added (EVA) | - 259.98 | 202.42 | 988.73 | - 878.56 | - 791.00 |
Solvency | |||||
Equity ratio | 20.5 % | 22.2 % | 25.2 % | 26.1 % | 29.0 % |
Gearing | 251.4 % | 222.0 % | 176.0 % | 107.9 % | 71.6 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.4 | 0.5 | 0.6 | 0.9 | 1.2 |
Current ratio | 0.7 | 0.7 | 0.8 | 1.1 | 1.5 |
Cash and cash equivalents | 75.22 | 2 304.65 | 5 671.08 | 3 172.55 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | A | A |
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