Veng Rasmussen Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Veng Rasmussen Holding ApS
Veng Rasmussen Holding ApS (CVR number: 41357770) is a company from HORSENS. The company recorded a gross profit of -7.1 kDKK in 2024. The operating profit was -7.1 kDKK, while net earnings were 9.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.1 %, which can be considered weak but Return on Equity (ROE) was 4.2 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 78.4 %, 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. Veng Rasmussen Holding ApS's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -4.00 | -4.05 | -6.00 | -7.13 | |
EBIT | -4.00 | -4.05 | -6.00 | -7.13 | |
Net earnings | 62.12 | 32.46 | -2.75 | 23.87 | 9.33 |
Shareholders equity total | 559.99 | 479.45 | 366.69 | 280.56 | 167.90 |
Balance sheet total (assets) | 563.99 | 506.68 | 412.36 | 315.48 | 214.05 |
Net debt | -0.86 | 4.19 | 16.46 | 30.86 | |
Profitability | |||||
EBIT-% | |||||
ROA | 10.9 % | 6.4 % | -0.5 % | 6.5 % | 3.1 % |
ROE | 11.1 % | 6.2 % | -0.7 % | 7.4 % | 4.2 % |
ROI | 10.9 % | 6.6 % | -0.5 % | 6.8 % | 3.2 % |
Economic value added (EVA) | -4.00 | -32.88 | -24.09 | -23.73 | -22.66 |
Solvency | |||||
Equity ratio | 99.3 % | 94.6 % | 88.9 % | 88.9 % | 78.4 % |
Gearing | 4.7 % | 10.2 % | 22.8 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.2 | 2.0 | 1.6 | 1.7 | 1.4 |
Current ratio | 0.2 | 2.0 | 1.6 | 1.7 | 1.4 |
Cash and cash equivalents | 0.86 | 12.96 | 12.19 | 7.37 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BB | BB | BB | BB |
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