RAGTAG ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About RAGTAG ApS
RAGTAG ApS (CVR number: 27135803) is a company from KØBENHAVN. The company recorded a gross profit of 223.1 kDKK in 2024. The operating profit was -2748.4 kDKK, while net earnings were 9060.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.4 %, which can be considered good but Return on Equity (ROE) was 6.1 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 99 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. RAGTAG ApS's liquidity measured by quick ratio was 75.6 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 | 385.13 | ||||
Gross profit | 6 002.85 | 173.79 | 246.67 | 208.11 | 223.10 |
EBIT | 4 796.63 | -2 260.36 | -3 734.41 | -2 586.76 | -2 748.36 |
Net earnings | 3 430.70 | 18 060.43 | -12 358.61 | 5 991.92 | 9 060.09 |
Shareholders equity total | 140 800.14 | 155 610.57 | 140 751.96 | 144 743.88 | 151 553.97 |
Balance sheet total (assets) | 147 332.51 | 165 069.15 | 141 096.85 | 145 051.73 | 153 018.30 |
Net debt | - 115 452.70 | - 129 822.61 | - 107 494.43 | - 109 967.69 | - 105 010.29 |
Profitability | |||||
EBIT-% | 1245.5 % | ||||
ROA | 7.4 % | 15.2 % | 3.9 % | 5.7 % | 8.4 % |
ROE | 2.4 % | 12.2 % | -8.3 % | 4.2 % | 6.1 % |
ROI | 7.4 % | 15.4 % | 3.9 % | 5.7 % | 8.5 % |
Economic value added (EVA) | -3 493.72 | -9 132.71 | -11 068.14 | -9 090.05 | -9 374.60 |
Solvency | |||||
Equity ratio | 95.6 % | 94.3 % | 99.8 % | 99.8 % | 99.0 % |
Gearing | 4.2 % | 3.6 % | |||
Relative net indebtedness % | -29853.2 % | ||||
Liquidity | |||||
Quick ratio | 157.1 | 36.1 | 327.2 | 366.9 | 75.6 |
Current ratio | 157.1 | 36.1 | 327.2 | 366.9 | 75.6 |
Cash and cash equivalents | 121 391.39 | 135 454.36 | 107 494.43 | 109 967.69 | 105 010.29 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 1871.1 % | ||||
Credit risk | |||||
Credit rating | AA | A | BBB | A | A |
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