R. N. HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About R. N. HOLDING ApS
R. N. HOLDING ApS (CVR number: 29779872K) is a company from AALBORG. The company reported a net sales of 873.2 mDKK in 2023, demonstrating a growth of 4.7 % compared to the previous year. The operating profit percentage was at 3.7 % (EBIT: 32.6 mDKK), while net earnings were 8143 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.5 %, which can be considered decent and Return on Equity (ROE) was 7.6 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 34.6 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. R. N. HOLDING ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 434.00 | 690.45 | 945.16 | 833.68 | 873.23 |
Gross profit | 43.47 | 67.51 | 111.50 | 77.65 | 68.23 |
EBIT | 23.70 | 38.10 | 75.35 | 36.75 | 32.58 |
Net earnings | 16.34 | 24.58 | 53.02 | 23.94 | 8.14 |
Shareholders equity total | 57.73 | 70.27 | 117.63 | 123.66 | 131.66 |
Balance sheet total (assets) | 160.76 | 218.06 | 404.98 | 590.28 | 445.56 |
Net debt | 17.25 | 35.63 | 94.49 | 114.80 | 208.16 |
Profitability | |||||
EBIT-% | 5.5 % | 5.5 % | 8.0 % | 4.4 % | 3.7 % |
ROA | 17.6 % | 20.3 % | 24.3 % | 7.9 % | 6.5 % |
ROE | 40.7 % | 48.3 % | 72.8 % | 24.8 % | 7.6 % |
ROI | 31.5 % | 34.2 % | 44.6 % | 17.2 % | 11.5 % |
Economic value added (EVA) | 16.05 | 25.36 | 52.89 | 21.76 | 12.68 |
Solvency | |||||
Equity ratio | 48.8 % | 45.2 % | 45.3 % | 43.0 % | 34.6 % |
Gearing | 69.4 % | 77.8 % | 81.8 % | 95.8 % | 158.4 % |
Relative net indebtedness % | 18.3 % | 18.5 % | 30.2 % | 55.5 % | 35.9 % |
Liquidity | |||||
Quick ratio | 2.2 | 0.9 | 0.1 | 0.5 | 0.7 |
Current ratio | 2.6 | 1.9 | 1.4 | 1.2 | 1.4 |
Cash and cash equivalents | 22.84 | 19.05 | 1.72 | 3.67 | 0.34 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 4.7 | 5.6 | 1.7 | 6.1 | 3.6 |
Net working capital % | 21.6 % | 13.4 % | 12.0 % | 12.9 % | 13.1 % |
Credit risk | |||||
Credit rating | AA | A | A | A | AA |
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