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 2024. The operating profit was -99.6 kDKK, while net earnings were 2949 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.4 %, which can be considered good and Return on Equity (ROE) was 10.6 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 94.4 %, 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | |||||
| EBIT | -79.88 | -94.65 | -68.66 | -75.70 | -99.58 |
| Net earnings | 919.02 | 865.14 | 879.70 | 1 835.42 | 2 949.02 |
| Shareholders equity total | 23 242.65 | 23 834.79 | 24 600.09 | 26 317.71 | 29 144.73 |
| Balance sheet total (assets) | 25 326.13 | 25 676.42 | 26 181.38 | 27 985.01 | 30 865.70 |
| Net debt | -10 840.99 | -11 031.03 | -11 531.39 | -13 013.35 | -13 157.30 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 4.1 % | 3.8 % | 4.1 % | 8.2 % | 10.4 % |
| ROE | 4.0 % | 3.7 % | 3.6 % | 7.2 % | 10.6 % |
| ROI | 4.5 % | 4.1 % | 4.4 % | 8.7 % | 11.1 % |
| Economic value added (EVA) | -1 181.00 | -1 240.65 | -1 251.26 | -1 295.17 | -1 389.77 |
| Solvency | |||||
| Equity ratio | 91.8 % | 92.8 % | 94.0 % | 94.0 % | 94.4 % |
| Gearing | |||||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 5.5 | 6.4 | 8.6 | 9.2 | 9.2 |
| Current ratio | 5.5 | 6.4 | 8.6 | 9.2 | 9.2 |
| Cash and cash equivalents | 10 840.99 | 11 031.03 | 11 531.39 | 13 013.35 | 13 157.30 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | A | A | A | A | A |
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