AXEL I. RASMUSSEN HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 73779928
Finsensvej 7 B, 2000 Frederiksberg
axel@tradedk.dk
tel: 33117010

Credit rating

Company information

Official name
AXEL I. RASMUSSEN HOLDING ApS
Personnel
2 persons
Established
1983
Company form
Private limited company
Industry

About AXEL I. RASMUSSEN HOLDING ApS

AXEL I. RASMUSSEN HOLDING ApS (CVR number: 73779928) is a company from FREDERIKSBERG. The company recorded a gross profit of -18.8 kDKK in 2023. The operating profit was -18.8 kDKK, while net earnings were -2253.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -10.3 %, which can be considered poor and Return on Equity (ROE) was -15.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 96.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. AXEL I. RASMUSSEN HOLDING ApS's liquidity measured by quick ratio was 5.2 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-36.55-16.82-33.88-22.70-18.76
EBIT-36.55-16.82-33.88-22.70-18.76
Net earnings472.10- 425.83572.50- 875.21-2 253.36
Shareholders equity total16 661.2016 124.7816 584.2815 594.6713 223.50
Balance sheet total (assets)17 871.9917 416.9217 928.4016 746.5013 669.43
Net debt961.45876.84660.56825.20- 740.87
Profitability
EBIT-%
ROA3.2 %-2.5 %3.9 %0.6 %-10.3 %
ROE2.8 %-2.6 %3.5 %-5.4 %-15.6 %
ROI3.4 %-2.5 %3.9 %0.6 %-13.4 %
Economic value added (EVA)- 852.99- 842.85- 813.94- 813.05- 776.95
Solvency
Equity ratio93.2 %92.6 %92.5 %93.1 %96.7 %
Gearing7.0 %7.9 %8.0 %7.3 %3.3 %
Relative net indebtedness %
Liquidity
Quick ratio1.31.41.41.75.2
Current ratio1.31.41.41.75.2
Cash and cash equivalents199.34404.28672.41315.501 175.66
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBABBBBBB

Variable visualization

ROA:-10.3%
Rating: 10/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:96.7%
Rating: 78/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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