RASMUS DEGN HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About RASMUS DEGN HOLDING A/S
RASMUS DEGN HOLDING A/S (CVR number: 21216879) is a company from KALUNDBORG. The company recorded a gross profit of 0 kDKK in 2023. The operating profit was -75.7 kDKK, while net earnings were 1835.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.2 %, which can be considered good but Return on Equity (ROE) was 7.2 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 94 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. RASMUS DEGN HOLDING A/S's liquidity measured by quick ratio was 9.2 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | |||||
EBIT | -67.23 | -79.88 | -94.65 | -68.66 | -75.70 |
Net earnings | 663.30 | 919.02 | 865.14 | 879.70 | 1 835.42 |
Shareholders equity total | 22 274.23 | 23 242.65 | 23 834.79 | 24 600.09 | 26 317.71 |
Balance sheet total (assets) | 24 262.15 | 25 326.13 | 25 676.42 | 26 181.38 | 27 985.01 |
Net debt | -10 648.20 | -10 840.99 | -11 031.03 | -11 531.39 | -13 013.35 |
Profitability | |||||
EBIT-% | |||||
ROA | 4.1 % | 4.1 % | 3.8 % | 4.1 % | 8.2 % |
ROE | 3.0 % | 4.0 % | 3.7 % | 3.6 % | 7.2 % |
ROI | 4.4 % | 4.5 % | 4.1 % | 4.4 % | 8.7 % |
Economic value added (EVA) | - 478.72 | - 513.03 | - 532.30 | - 518.83 | - 540.63 |
Solvency | |||||
Equity ratio | 91.8 % | 91.8 % | 92.8 % | 94.0 % | 94.0 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 5.5 | 5.5 | 6.4 | 8.6 | 9.2 |
Current ratio | 5.5 | 5.5 | 6.4 | 8.6 | 9.2 |
Cash and cash equivalents | 10 648.20 | 10 840.99 | 11 031.03 | 11 531.39 | 13 013.35 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | AA | AA | AA | AA | AA |
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