RØNNOW LETH & GORI A/S
Credit rating
Company information
About RØNNOW LETH & GORI A/S
RØNNOW LETH & GORI A/S (CVR number: 42497460K) is a company from KØBENHAVN. The company reported a net sales of 48.5 mDKK in 2023, demonstrating a growth of 13.6 % compared to the previous year. The operating profit percentage was at 5.4 % (EBIT: 2.6 mDKK), while net earnings were 1941.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.7 %, which can be considered good and Return on Equity (ROE) was 14.1 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 45.4 %, 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. RØNNOW LETH & GORI A/S's liquidity measured by quick ratio was 2.5 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2021 | 2022 | 2023 | |
---|---|---|---|
Volume | |||
Net sales | 43.80 | 42.68 | 48.47 |
Gross profit | 31.63 | 29.65 | 33.66 |
EBIT | 5.27 | 0.84 | 2.63 |
Net earnings | 3.96 | 0.49 | 1.94 |
Shareholders equity total | 15.35 | 12.84 | 14.78 |
Balance sheet total (assets) | 29.52 | 26.75 | 33.79 |
Net debt | -10.27 | -12.19 | |
Profitability | |||
EBIT-% | 12.0 % | 2.0 % | 5.4 % |
ROA | 17.8 % | 3.0 % | 8.7 % |
ROE | 25.8 % | 3.4 % | 14.1 % |
ROI | 17.8 % | 3.7 % | 15.7 % |
Economic value added (EVA) | 5.27 | -0.20 | 1.84 |
Solvency | |||
Equity ratio | 100.0 % | 48.8 % | 45.4 % |
Gearing | |||
Relative net indebtedness % | 2.2 % | 7.2 % | |
Liquidity | |||
Quick ratio | 2.7 | 2.5 | |
Current ratio | 2.6 | 2.2 | |
Cash and cash equivalents | 10.27 | 12.19 | |
Capital use efficiency | |||
Trade debtors turnover (days) | 88.3 | 106.5 | |
Net working capital % | 35.9 % | 35.8 % | |
Credit risk | |||
Credit rating | BBB | A | A |
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