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: 70587114) is a company from HERLEV. The company reported a net sales of 1081 mDKK in 2024, demonstrating a growth of 2.3 % compared to the previous year. The operating profit percentage was at 2 % (EBIT: 21.3 mDKK), while net earnings were 19.7 mDKK. The profitability of the company measured by Return on Assets (ROA) was 5.2 %, which can be considered decent and Return on Equity (ROE) was 6.3 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 55.4 %, 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 0.7 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2023 | 2024 | |
---|---|---|---|
Volume | |||
Net sales | 1 056 255.62 | 1 080 952.53 | |
Gross profit | 249 186.57 | 259 771.39 | |
EBIT | 20 057.99 | 21 324.11 | |
Net earnings | 18 212.16 | 19 705.16 | |
Shareholders equity total | 300 668.01 | 320 373.16 | |
Balance sheet total (assets) | 564 422.38 | 578 927.56 | |
Net debt | 57 221.56 | 89 335.42 | |
Profitability | |||
EBIT-% | 1.9 % | 2.0 % | |
ROA | 4.6 % | 5.2 % | |
ROE | 6.1 % | 6.3 % | |
ROI | 6.7 % | 7.3 % | |
Economic value added (EVA) | -16 011.70 | 15 207.10 | -3 477.37 |
Solvency | |||
Equity ratio | 53.3 % | 55.4 % | |
Gearing | 20.3 % | 28.3 % | |
Relative net indebtedness % | 23.0 % | 22.2 % | |
Liquidity | |||
Quick ratio | 0.7 | 0.7 | |
Current ratio | 2.0 | 2.0 | |
Cash and cash equivalents | 3 799.75 | 1 371.88 | |
Capital use efficiency | |||
Trade debtors turnover (days) | 45.6 | 43.2 | |
Net working capital % | 20.9 % | 20.9 % | |
Credit risk | |||
Credit rating | AAA | AAA |
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