RØNNOW LETH & GORI A/S
Credit rating
Company information
About RØNNOW LETH & GORI A/S
RØNNOW LETH & GORI A/S (CVR number: 42497460) is a company from KØBENHAVN. The company reported a net sales of 10.1 mDKK in 2023, demonstrating a growth of 52.6 % compared to the previous year. The operating profit percentage was poor at -0.3 % (EBIT: -0 mDKK), while net earnings were 1941.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.4 %, 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 74.9 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. RØNNOW LETH & GORI 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 financials2022 | 2023 | |
---|---|---|
Volume | ||
Net sales | 6 621.00 | 10 101.42 |
Gross profit | 1 052.00 | 4 015.39 |
EBIT | 23.00 | -27.98 |
Net earnings | 486.00 | 1 941.66 |
Shareholders equity total | 12 840.00 | 14 781.20 |
Balance sheet total (assets) | 14 492.00 | 19 738.46 |
Net debt | - 124.00 | 2 555.80 |
Profitability | ||
EBIT-% | 0.3 % | -0.3 % |
ROA | 3.5 % | 11.4 % |
ROE | 3.8 % | 14.1 % |
ROI | 3.7 % | 12.5 % |
Economic value added (EVA) | 15.92 | 89.99 |
Solvency | ||
Equity ratio | 88.6 % | 74.9 % |
Gearing | 4.3 % | 20.7 % |
Relative net indebtedness % | 14.7 % | 44.0 % |
Liquidity | ||
Quick ratio | 0.9 | 0.7 |
Current ratio | 0.9 | 0.7 |
Cash and cash equivalents | 679.00 | 500.51 |
Capital use efficiency | ||
Trade debtors turnover (days) | 0.9 | |
Net working capital % | -1.4 % | -15.2 % |
Credit risk | ||
Credit rating | BBB | A |
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