RATH MED BLOMSTER ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About RATH MED BLOMSTER ApS
RATH MED BLOMSTER ApS (CVR number: 32064388) is a company from HJØRRING. The company reported a net sales of 1.8 mDKK in 2023, demonstrating a decline of -20.4 % compared to the previous year. The operating profit percentage was poor at -4.4 % (EBIT: -0.1 mDKK), while net earnings were -69.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -9.2 %, which can be considered poor and Return on Equity (ROE) was -15.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 43.6 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. RATH MED BLOMSTER ApS's liquidity measured by quick ratio was 0.5 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 (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 5 180.68 | 2 271.51 | 1 807.53 | ||
Gross profit | 1 845.43 | 1 921.89 | 1 152.59 | 823.98 | |
EBIT | 16.78 | 14.08 | 28.56 | 12.04 | -78.95 |
Net earnings | 8.73 | 7.46 | 19.07 | 7.65 | -69.56 |
Shareholders equity total | 444.46 | 451.92 | 470.99 | 478.64 | 409.09 |
Balance sheet total (assets) | 1 212.55 | 1 389.61 | 1 197.43 | 786.95 | 938.00 |
Net debt | 367.34 | - 200.07 | 307.28 | -19.27 | 244.91 |
Profitability | |||||
EBIT-% | 0.6 % | 0.5 % | -4.4 % | ||
ROA | 1.6 % | 1.1 % | 2.2 % | 1.2 % | -9.2 % |
ROE | 2.0 % | 1.7 % | 4.1 % | 1.6 % | -15.7 % |
ROI | 2.5 % | 2.1 % | 4.5 % | 1.9 % | -13.1 % |
Economic value added (EVA) | -6.61 | -11.16 | 10.89 | -14.25 | -84.12 |
Solvency | |||||
Equity ratio | 36.7 % | 32.5 % | 39.3 % | 60.8 % | 43.6 % |
Gearing | 88.9 % | 5.6 % | 66.1 % | 2.6 % | 75.3 % |
Relative net indebtedness % | 13.9 % | 12.2 % | 25.8 % | ||
Liquidity | |||||
Quick ratio | 0.5 | 0.7 | 0.6 | 0.5 | 0.5 |
Current ratio | 1.1 | 1.2 | 1.3 | 2.1 | 1.5 |
Cash and cash equivalents | 27.69 | 225.41 | 4.00 | 31.57 | 63.12 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 28.8 | 12.8 | 33.9 | ||
Net working capital % | 4.7 % | 14.4 % | 13.8 % | ||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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