TH. RASMUSSEN & SØN A/S — Credit Rating and Financial Key Figures

CVR number: 32068278
Holmensvej 26, 3600 Frederikssund
th@th-r.dk
tel: 45828083

Company information

Official name
TH. RASMUSSEN & SØN A/S
Personnel
25 persons
Established
2009
Company form
Limited company
Industry

About TH. RASMUSSEN & SØN A/S

TH. RASMUSSEN & SØN A/S (CVR number: 32068278) is a company from FREDERIKSSUND. The company recorded a gross profit of 16.9 mDKK in 2024. The operating profit was 939.1 kDKK, while net earnings were 789 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5 %, which can be considered decent and Return on Equity (ROE) was 7.3 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 61.2 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. TH. RASMUSSEN & SØN A/S's liquidity measured by quick ratio was 2.1 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit25 249.8623 509.9425 507.8919 397.3316 882.51
EBIT1 419.442 170.572 654.86628.75939.06
Net earnings827.461 716.102 042.66734.39788.99
Shareholders equity total12 549.0413 765.1414 807.8010 542.1811 131.17
Balance sheet total (assets)33 010.6030 106.9228 485.7219 840.7318 187.09
Net debt-1 374.98-1 100.28-4 522.62-2 270.38-3 649.80
Profitability
EBIT-%
ROA4.2 %6.9 %9.1 %2.7 %5.0 %
ROE6.8 %13.0 %14.3 %5.8 %7.3 %
ROI4.6 %7.6 %10.4 %3.2 %5.9 %
Economic value added (EVA)- 313.72591.95827.05- 760.1518.98
Solvency
Equity ratio38.0 %45.7 %52.0 %53.1 %61.2 %
Gearing33.7 %28.7 %27.2 %21.8 %11.6 %
Relative net indebtedness %
Liquidity
Quick ratio1.51.51.71.52.1
Current ratio1.51.51.71.52.1
Cash and cash equivalents5 606.075 045.618 543.444 568.074 943.89
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:5.01%
Rating: 43/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:61.2%
Rating: 47/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Chairman of the board

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