RASMUSSEN & RASMUSSEN ApS — Credit Rating and Financial Key Figures

CVR number: 27222242
Vestervej 24, 2600 Glostrup
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Credit rating

Company information

Official name
RASMUSSEN & RASMUSSEN ApS
Established
2003
Company form
Private limited company
Industry

About RASMUSSEN & RASMUSSEN ApS

RASMUSSEN & RASMUSSEN ApS (CVR number: 27222242) is a company from GLOSTRUP. The company recorded a gross profit of 291.1 kDKK in 2017. The operating profit was -29.5 kDKK, while net earnings were -36.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.7 %, which can be considered poor and Return on Equity (ROE) was -4.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 78 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. RASMUSSEN & RASMUSSEN ApS's liquidity measured by quick ratio was 4.3 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2016
2017
Volume
Net sales
Gross profit718.36291.08
EBIT112.50-29.54
Net earnings93.77-36.16
Shareholders equity total761.67725.51
Balance sheet total (assets)1 240.14929.93
Net debt- 769.53- 474.43
Profitability
EBIT-%
ROA9.1 %-2.7 %
ROE12.3 %-4.9 %
ROI14.6 %-3.9 %
Economic value added (EVA)97.99-30.69
Solvency
Equity ratio61.4 %78.0 %
Gearing1.3 %1.6 %
Relative net indebtedness %
Liquidity
Quick ratio2.54.3
Current ratio2.54.3
Cash and cash equivalents779.82486.10
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBB

Variable visualization

ROA:-2.72%
Rating: 17/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:78.0%
Rating: 58/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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