FINN RASMUSSEN HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 30080181
Kliplevvej 12, 8600 Silkeborg

Company information

Official name
FINN RASMUSSEN HOLDING ApS
Established
2006
Company form
Private limited company
Industry

About FINN RASMUSSEN HOLDING ApS

FINN RASMUSSEN HOLDING ApS (CVR number: 30080181) is a company from SILKEBORG. The company reported a net sales of 3 mDKK in 2023, demonstrating a growth of 85.4 % compared to the previous year. The operating profit percentage was at 98.5 % (EBIT: 3 mDKK), while net earnings were 3691.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.8 %, which can be considered good and Return on Equity (ROE) was 11.1 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 90 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FINN RASMUSSEN HOLDING ApS's liquidity measured by quick ratio was 3.5 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales2 410.173 157.754 041.611 630.633 023.21
Gross profit2 395.443 132.574 019.361 543.932 976.64
EBIT2 395.443 132.574 019.361 543.932 976.64
Net earnings2 133.562 581.794 290.831 733.993 691.55
Shareholders equity total23 802.4326 134.2230 175.0531 659.0435 100.60
Balance sheet total (assets)26 101.2130 824.7437 950.9341 118.2939 015.51
Net debt1 208.281 887.254 676.558 189.712 029.12
Profitability
EBIT-%99.4 %99.2 %99.4 %94.7 %98.5 %
ROA11.5 %12.0 %13.1 %5.2 %10.8 %
ROE10.4 %10.3 %15.2 %5.6 %11.1 %
ROI11.6 %12.4 %13.7 %5.4 %10.9 %
Economic value added (EVA)2 443.393 386.504 056.191 293.782 529.23
Solvency
Equity ratio91.2 %84.8 %79.5 %77.0 %90.0 %
Gearing7.4 %12.2 %20.3 %28.3 %9.6 %
Relative net indebtedness %70.6 %106.0 %155.1 %530.6 %83.6 %
Liquidity
Quick ratio3.21.82.32.23.5
Current ratio3.21.82.32.23.5
Cash and cash equivalents556.631 291.191 455.24761.011 355.13
Capital use efficiency
Trade debtors turnover (days)
Net working capital %191.3 %111.1 %227.9 %669.2 %299.2 %
Credit risk
Credit ratingAAAAAAAAAA

Variable visualization

ROA:10.8%
Rating: 59/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:90.0%
Rating: 70/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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