Rasmus Hjulgaard Holding ApS — Credit Rating and Financial Key Figures

CVR number: 35641769
Haslegårdsvej 8, Hasle 8210 Aarhus V

Company information

Official name
Rasmus Hjulgaard Holding ApS
Established
2014
Domicile
Hasle
Company form
Private limited company
Industry

About Rasmus Hjulgaard Holding ApS

Rasmus Hjulgaard Holding ApS (CVR number: 35641769) is a company from AARHUS. The company recorded a gross profit of -1.5 kDKK in 2023. The operating profit was -1.5 kDKK, while net earnings were -1308.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.6 %, which can be considered decent but Return on Equity (ROE) was -7.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 99.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Rasmus Hjulgaard Holding ApS's liquidity measured by quick ratio was 12.5 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-0.11-1.61-2.40-77.75-1.50
EBIT-0.11-1.61-2.40-77.75-1.50
Net earnings24 145.491 463.036 364.64-3 262.53-1 308.66
Shareholders equity total16 958.7917 854.6823 100.4616 977.4717 940.65
Balance sheet total (assets)17 019.3717 893.5623 208.8217 515.6018 084.47
Net debt- 225.49- 343.46- 458.85476.87- 106.41
Profitability
EBIT-%
ROA255.6 %8.5 %31.2 %2.0 %6.6 %
ROE256.3 %8.4 %31.1 %-16.3 %-7.5 %
ROI256.4 %8.6 %31.2 %2.0 %6.6 %
Economic value added (EVA)-75.83305.83181.56- 241.15- 130.13
Solvency
Equity ratio99.6 %99.8 %99.5 %96.9 %99.2 %
Gearing0.0 %0.2 %2.8 %0.3 %
Relative net indebtedness %
Liquidity
Quick ratio19.767.334.76.712.5
Current ratio19.767.334.76.712.5
Cash and cash equivalents225.49344.71500.943.91167.57
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAABBBA

Variable visualization

ROA:6.62%
Rating: 47/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.2%
Rating: 88/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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