DEN RENE LINIE HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 32453023
Messingvej 1 E, 8940 Randers SV

Credit rating

Company information

Official name
DEN RENE LINIE HOLDING ApS
Established
2009
Company form
Private limited company
Industry
  • Expand more icon64Financial service activities, except insurance and pension funding

About DEN RENE LINIE HOLDING ApS

DEN RENE LINIE HOLDING ApS (CVR number: 32453023) is a company from RANDERS. The company reported a net sales of 11.9 mDKK in 2019, demonstrating a growth of 3165.8 % compared to the previous year. The operating profit percentage was at 99.7 % (EBIT: 11.9 mDKK), while net earnings were 11.9 mDKK. The profitability of the company measured by Return on Assets (ROA) was 285.9 %, which can be considered excellent and Return on Equity (ROE) was 718.1 %, which can be considered excellent. 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. DEN RENE LINIE HOLDING ApS's liquidity measured by quick ratio was 191.4 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
2016
2017
2018
2019
Volume
Net sales- 372.06659.17365.1511 924.94
Gross profit- 377.06654.17312.6211 892.26
EBIT- 377.06654.17312.6211 892.26
Net earnings- 377.87661.38392.8211 898.58
Shareholders equity total360.791 427.851 457.671 856.25
Balance sheet total (assets)490.912 165.665 452.432 871.25
Net debt- 163.41507.40-2 709.29-1 871.25
Profitability
EBIT-%99.2 %85.6 %99.7 %
ROA-76.7 %49.9 %8.4 %285.9 %
ROE-104.7 %74.0 %27.2 %718.1 %
ROI-77.7 %50.1 %13.9 %553.6 %
Economic value added (EVA)- 377.06650.80220.7712 051.73
Solvency
Equity ratio73.5 %65.9 %59.4 %99.2 %
Gearing34.4 %51.3 %67.6 %
Relative net indebtedness %42.3 %77.9 %82.4 %-7.2 %
Liquidity
Quick ratio3.81.54.5191.4
Current ratio3.81.51.12.8
Cash and cash equivalents287.41224.453 694.051 871.25
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-97.0 %55.1 %142.5 %15.6 %
Credit risk
Credit ratingBBBBBAC

Variable visualization

ROA:285.9%
Rating: 100/100
-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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