Stig Rasmussen Ejendomme ApS — Credit Rating and Financial Key Figures

CVR number: 38190741
Industrivej 11, 4230 Skælskør
sr@srautomobiler.dk

Credit rating

Company information

Official name
Stig Rasmussen Ejendomme ApS
Personnel
1 person
Established
2016
Company form
Private limited company
Industry

About Stig Rasmussen Ejendomme ApS

Stig Rasmussen Ejendomme ApS (CVR number: 38190741) is a company from SLAGELSE. The company recorded a gross profit of 534.4 kDKK in 2023. The operating profit was 380.5 kDKK, while net earnings were 57.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.8 %, which can be considered decent but Return on Equity (ROE) was 18.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 6 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Stig Rasmussen Ejendomme ApS's liquidity measured by quick ratio was 0.1 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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 profit490.39516.47504.89492.91534.39
EBIT345.12361.26329.86271.79380.54
Net earnings49.3282.2762.4419.5657.55
Shareholders equity total153.16235.43277.87297.43334.98
Balance sheet total (assets)5 891.175 831.315 845.865 651.715 572.59
Net debt5 635.295 380.545 307.064 403.594 135.71
Profitability
EBIT-%
ROA6.0 %6.2 %5.6 %4.8 %6.8 %
ROE36.9 %42.3 %24.3 %6.8 %18.2 %
ROI6.0 %6.2 %5.7 %5.2 %8.1 %
Economic value added (EVA)78.212.60-9.22-47.7073.41
Solvency
Equity ratio2.6 %4.0 %4.8 %5.3 %6.0 %
Gearing3695.1 %2324.8 %1941.9 %1482.9 %1259.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.20.20.00.1
Current ratio0.10.20.20.00.1
Cash and cash equivalents24.3592.7988.997.0681.80
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:6.78%
Rating: 48/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:6.01%
Rating: 6/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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