M. Rovsing ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About M. Rovsing ApS
M. Rovsing ApS (CVR number: 42320102) is a company from AALBORG. The company recorded a gross profit of -6.7 kDKK in 2023. The operating profit was -6.7 kDKK, while net earnings were 12.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.6 %, which can be considered good but Return on Equity (ROE) was 16 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 73.7 %, 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. M. Rovsing ApS's liquidity measured by quick ratio was 2.1 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 financials2021 | 2022 | 2023 | |
---|---|---|---|
Volume | |||
Net sales | |||
Gross profit | -13.96 | -7.50 | -6.66 |
EBIT | -13.96 | -7.50 | -6.66 |
Net earnings | 31.71 | 54.27 | 12.34 |
Shareholders equity total | 71.71 | 95.98 | 58.32 |
Balance sheet total (assets) | 92.49 | 116.75 | 79.10 |
Net debt | -32.07 | -39.36 | -42.70 |
Profitability | |||
EBIT-% | |||
ROA | 34.5 % | 52.1 % | 12.6 % |
ROE | 44.2 % | 64.7 % | 16.0 % |
ROI | 44.5 % | 65.0 % | 16.0 % |
Economic value added (EVA) | -13.96 | -6.41 | -2.80 |
Solvency | |||
Equity ratio | 77.5 % | 82.2 % | 73.7 % |
Gearing | |||
Relative net indebtedness % | |||
Liquidity | |||
Quick ratio | 1.5 | 1.9 | 2.1 |
Current ratio | 1.5 | 1.9 | 2.1 |
Cash and cash equivalents | 32.07 | 39.36 | 42.70 |
Capital use efficiency | |||
Trade debtors turnover (days) | |||
Net working capital % | |||
Credit risk | |||
Credit rating | BB | BB | BB |
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