Rasmus Dronninglund Holding ApS — Credit Rating and Financial Key Figures

CVR number: 39263661
Nordtoft 53, 9000 Aalborg

Company information

Official name
Rasmus Dronninglund Holding ApS
Established
2018
Company form
Private limited company
Industry

About Rasmus Dronninglund Holding ApS

Rasmus Dronninglund Holding ApS (CVR number: 39263661) is a company from AALBORG. The company reported a net sales of 7.4 mDKK in 2023, demonstrating a growth of 5.6 % compared to the previous year. The operating profit percentage was at 99.1 % (EBIT: 7.4 mDKK), while net earnings were 7683.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 52.6 %, which can be considered excellent and Return on Equity (ROE) was 54.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 92.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Rasmus Dronninglund Holding ApS's liquidity measured by quick ratio was 4.1 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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales1 471.741 376.172 101.427 039.297 435.80
Gross profit1 462.141 361.262 117.656 995.317 368.77
EBIT1 462.141 361.262 117.656 995.317 368.77
Net earnings1 461.851 369.122 385.116 618.177 683.26
Shareholders equity total2 383.673 697.496 026.1012 587.0715 511.43
Balance sheet total (assets)2 437.673 754.496 110.5812 684.2216 787.99
Net debt- 432.10-1 872.75-3 377.43-3 142.12-4 809.30
Profitability
EBIT-%99.3 %98.9 %100.8 %99.4 %99.1 %
ROA84.2 %44.5 %50.0 %76.6 %52.6 %
ROE87.0 %45.0 %49.1 %71.1 %54.7 %
ROI86.9 %45.3 %50.7 %77.3 %55.2 %
Economic value added (EVA)1 491.931 462.242 085.997 262.227 204.81
Solvency
Equity ratio97.8 %98.5 %98.6 %99.2 %92.4 %
Gearing
Relative net indebtedness %-25.7 %-131.9 %-156.7 %-43.3 %-47.5 %
Liquidity
Quick ratio8.032.940.071.74.1
Current ratio8.032.940.071.74.1
Cash and cash equivalents432.101 872.753 377.433 142.124 809.30
Capital use efficiency
Trade debtors turnover (days)
Net working capital %25.7 %-2.4 %33.2 %69.9 %24.2 %
Credit risk
Credit ratingBBBAAAA

Variable visualization

ROA:52.6%
Rating: 96/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:92.4%
Rating: 73/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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