E. Rasmussen Holding ApS — Credit Rating and Financial Key Figures

CVR number: 38322281
Axel Kiers Vej 13, 8270 Højbjerg

Company information

Official name
E. Rasmussen Holding ApS
Established
2016
Company form
Private limited company
Industry

About E. Rasmussen Holding ApS

E. Rasmussen Holding ApS (CVR number: 38322281) is a company from AARHUS. The company recorded a gross profit of -50 kDKK in 2023. The operating profit was -50 kDKK, while net earnings were -5794 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3.7 %, which can be considered poor and Return on Equity (ROE) was -5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 86.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. E. Rasmussen Holding ApS's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-49.00-50.00-50.00-48.00-50.00
EBIT-49.00-50.00-50.00-48.00-50.00
Net earnings5 467.0013 539.0024 547.0017 398.00-5 794.00
Shareholders equity total66 979.0079 518.00103 065.00119 075.00112 381.00
Balance sheet total (assets)70 744.0084 952.00120 438.00136 201.00129 509.00
Net debt-1 655.00-1 940.0013 734.0014 940.0014 161.00
Profitability
EBIT-%
ROA8.3 %18.0 %24.4 %14.2 %-3.7 %
ROE8.4 %18.5 %26.9 %15.7 %-5.0 %
ROI8.5 %18.6 %24.9 %14.3 %-3.7 %
Economic value added (EVA)990.461 279.892 016.292 947.823 681.90
Solvency
Equity ratio94.7 %93.6 %85.6 %87.4 %86.8 %
Gearing2.4 %3.2 %15.5 %14.3 %15.2 %
Relative net indebtedness %
Liquidity
Quick ratio1.41.21.21.10.9
Current ratio1.41.21.21.10.9
Cash and cash equivalents3 280.004 504.002 205.002 116.002 899.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAA

Variable visualization

ROA:-3.69%
Rating: 16/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:86.8%
Rating: 67/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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