RØNNOW LETH & GORI A/S — Credit Rating and Financial Key Figures
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 57.7 mDKK in 2024, demonstrating a growth of 18.5 % compared to the previous year. The operating profit percentage was at 8.2 % (EBIT: 4.7 mDKK), while net earnings were 3630.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13.1 %, which can be considered good but Return on Equity (ROE) was 22.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 45.9 %, 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 2.6 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 | 2024 | |
---|---|---|---|---|
Volume | ||||
Net sales | 43.80 | 42.68 | 48.64 | 57.65 |
Gross profit | 31.63 | 29.65 | 33.66 | 39.36 |
EBIT | 5.27 | 0.84 | 2.63 | 4.73 |
Net earnings | 3.96 | 0.49 | 1.94 | 3.63 |
Shareholders equity total | 15.35 | 12.84 | 14.78 | 17.29 |
Balance sheet total (assets) | 29.52 | 26.75 | 33.79 | 39.45 |
Net debt | -12.19 | -13.48 | ||
Profitability | ||||
EBIT-% | 12.0 % | 2.0 % | 5.4 % | 8.2 % |
ROA | 17.8 % | 3.0 % | 8.7 % | 13.1 % |
ROE | 25.8 % | 3.4 % | 14.1 % | 22.6 % |
ROI | 17.8 % | 3.0 % | 11.8 % | 24.2 % |
Economic value added (EVA) | 5.27 | 0.07 | 1.33 | 3.48 |
Solvency | ||||
Equity ratio | 100.0 % | 100.0 % | 45.4 % | 45.9 % |
Gearing | ||||
Relative net indebtedness % | 7.1 % | 7.7 % | ||
Liquidity | ||||
Quick ratio | 2.5 | 2.6 | ||
Current ratio | 2.2 | 2.3 | ||
Cash and cash equivalents | 12.19 | 13.48 | ||
Capital use efficiency | ||||
Trade debtors turnover (days) | 106.1 | 118.1 | ||
Net working capital % | 35.6 % | 36.6 % | ||
Credit risk | ||||
Credit rating | BBB | BBB | AA | AA |
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