RONALD A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About RONALD A/S
RONALD A/S (CVR number: 56306412) is a company from KØBENHAVN. The company recorded a gross profit of 63.9 mDKK in 2023. The operating profit was 23.7 mDKK, while net earnings were 15.8 mDKK. The profitability of the company measured by Return on Assets (ROA) was 17.2 %, which can be considered excellent and Return on Equity (ROE) was 39.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 34.6 %, 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. RONALD A/S's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 57 851.07 | 274 414.97 | 64 639.33 | 30 728.20 | 63 935.88 |
EBIT | 18 946.21 | 221 599.09 | 23 924.84 | -11 089.56 | 23 683.97 |
Net earnings | 14 380.14 | 171 797.34 | 19 533.41 | -9 665.31 | 15 824.93 |
Shareholders equity total | 34 977.10 | 191 560.01 | 43 087.90 | 32 375.78 | 46 860.24 |
Balance sheet total (assets) | 114 223.93 | 278 516.76 | 100 791.10 | 150 713.40 | 136 213.65 |
Net debt | 57 039.42 | -33 293.94 | 31 861.56 | 85 811.17 | 52 752.55 |
Profitability | |||||
EBIT-% | |||||
ROA | 16.4 % | 113.1 % | 13.4 % | -7.3 % | 17.2 % |
ROE | 37.5 % | 151.7 % | 16.6 % | -25.6 % | 39.9 % |
ROI | 19.5 % | 152.1 % | 18.5 % | -8.7 % | 20.1 % |
Economic value added (EVA) | 12 597.70 | 171 226.79 | 10 667.33 | -10 555.39 | 17 278.90 |
Solvency | |||||
Equity ratio | 30.6 % | 68.8 % | 42.7 % | 21.5 % | 34.6 % |
Gearing | 174.5 % | 1.5 % | 87.4 % | 298.0 % | 147.1 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.1 | 2.3 | 1.0 | 0.7 | 0.9 |
Current ratio | 1.4 | 3.1 | 1.6 | 1.2 | 1.4 |
Cash and cash equivalents | 3 987.66 | 36 081.28 | 5 784.09 | 10 674.03 | 16 180.79 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | AA | BBB | AA |
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