RASOL AGRO A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About RASOL AGRO A/S
RASOL AGRO A/S (CVR number: 15409991) is a company from KØGE. The company reported a net sales of 0.3 mDKK in 2021, demonstrating a decline of -29.9 % compared to the previous year. The operating profit percentage was at 1.3 % (EBIT: 0 mDKK), while net earnings were 53.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.3 %, which can be considered weak but Return on Equity (ROE) was 5.5 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 66.3 %, 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. RASOL AGRO A/S's liquidity measured by quick ratio was 1.8 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2017 | 2018 | 2019 | 2020 | 2021 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 444.62 | 441.67 | 426.60 | 429.70 | 301.43 |
Gross profit | 422.29 | 419.02 | 400.44 | 410.23 | 289.74 |
EBIT | 57.21 | 53.76 | 33.46 | 43.84 | 3.99 |
Net earnings | 102.09 | 101.87 | 86.46 | 100.39 | 53.70 |
Shareholders equity total | 659.32 | 761.19 | 847.65 | 948.04 | 1 001.74 |
Balance sheet total (assets) | 1 177.04 | 1 334.55 | 1 467.67 | 1 700.17 | 1 511.63 |
Net debt | -1.84 | -3.71 | 499.45 | 509.86 | |
Profitability | |||||
EBIT-% | 12.9 % | 12.2 % | 7.8 % | 10.2 % | 1.3 % |
ROA | 8.6 % | 8.1 % | 6.2 % | 6.3 % | 3.3 % |
ROE | 16.8 % | 14.3 % | 10.7 % | 11.2 % | 5.5 % |
ROI | 16.8 % | 14.3 % | 10.7 % | 8.7 % | 3.6 % |
Economic value added (EVA) | 29.26 | 20.72 | -4.60 | 1.25 | -43.12 |
Solvency | |||||
Equity ratio | 56.0 % | 57.0 % | 57.8 % | 55.8 % | 66.3 % |
Gearing | 53.8 % | 50.9 % | |||
Relative net indebtedness % | 116.0 % | 129.0 % | 145.3 % | 172.6 % | 169.1 % |
Liquidity | |||||
Quick ratio | 1.1 | 1.3 | 1.4 | 1.5 | 1.8 |
Current ratio | 1.1 | 1.3 | 1.4 | 1.5 | 1.8 |
Cash and cash equivalents | 1.84 | 3.71 | 10.45 | 0.04 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | 472.2 | 604.0 | 742.4 | 925.6 | 1 103.9 |
Net working capital % | 13.3 % | 36.5 % | 58.1 % | 81.0 % | 133.3 % |
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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