CARL RAS A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About CARL RAS A/S
CARL RAS A/S (CVR number: 70587114K) is a company from HERLEV. The company reported a net sales of 1229.6 mDKK in 2024, demonstrating a growth of 7.1 % compared to the previous year. The operating profit percentage was at 2.6 % (EBIT: 32.5 mDKK), while net earnings were 19.8 mDKK. The profitability of the company measured by Return on Assets (ROA) was 5.5 %, which can be considered decent and Return on Equity (ROE) was 6.4 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 53.1 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. CARL RAS A/S's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 885.49 | 980.72 | 1 056.75 | 1 148.23 | 1 229.59 |
Gross profit | 231.17 | 262.84 | 268.92 | 270.62 | 294.27 |
EBIT | 41.84 | 60.37 | 55.06 | 27.72 | 32.46 |
Net earnings | 31.68 | 43.06 | 41.83 | 18.26 | 19.76 |
Shareholders equity total | 266.74 | 279.81 | 301.64 | 299.90 | 319.66 |
Balance sheet total (assets) | 417.34 | 469.29 | 548.30 | 583.61 | 602.24 |
Net debt | 58.76 | 92.11 | |||
Profitability | |||||
EBIT-% | 4.7 % | 6.2 % | 5.2 % | 2.4 % | 2.6 % |
ROA | 10.4 % | 13.6 % | 10.8 % | 5.0 % | 5.5 % |
ROE | 12.6 % | 15.8 % | 14.4 % | 6.1 % | 6.4 % |
ROI | 11.2 % | 13.6 % | 10.8 % | 6.0 % | 8.0 % |
Economic value added (EVA) | 25.60 | 46.97 | 41.00 | 5.81 | 4.84 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 51.4 % | 53.1 % |
Gearing | 20.9 % | 30.5 % | |||
Relative net indebtedness % | 22.9 % | 21.1 % | |||
Liquidity | |||||
Quick ratio | 0.7 | 0.8 | |||
Current ratio | 2.0 | 2.1 | |||
Cash and cash equivalents | 4.03 | 5.31 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 48.1 | 44.5 | |||
Net working capital % | 21.3 % | 21.2 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | AAA | AAA |
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