Raven biosciences ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Raven biosciences ApS
Raven biosciences ApS (CVR number: 39085127) is a company from AARHUS. The company reported a net sales of 7.1 mDKK in 2023, demonstrating a decline of -44.3 % compared to the previous year. The operating profit percentage was at 10.4 % (EBIT: 0.7 mDKK), while net earnings were 429.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.8 %, which can be considered good and Return on Equity (ROE) was 11.6 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 53.8 %, 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. Raven biosciences ApS's liquidity measured by quick ratio was 2.2 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 4 787.23 | 2 243.53 | 5 956.86 | 12 670.19 | 7 055.10 |
Gross profit | 3 425.03 | 2 104.79 | 3 398.52 | 7 482.86 | 5 992.86 |
EBIT | 531.74 | - 321.51 | 918.03 | 3 482.70 | 732.81 |
Net earnings | 412.75 | - 255.47 | 710.15 | 2 477.56 | 429.53 |
Shareholders equity total | 668.51 | 413.04 | 1 015.09 | 3 492.66 | 3 921.95 |
Balance sheet total (assets) | 1 122.05 | 974.52 | 2 986.79 | 7 938.95 | 7 284.87 |
Net debt | -48.70 | - 405.54 | - 709.51 | -2 774.48 | -6 094.27 |
Profitability | |||||
EBIT-% | 11.1 % | -14.3 % | 15.4 % | 27.5 % | 10.4 % |
ROA | 45.7 % | -30.7 % | 46.4 % | 67.1 % | 10.8 % |
ROE | 78.9 % | -47.2 % | 99.5 % | 109.9 % | 11.6 % |
ROI | 101.7 % | -59.5 % | 128.6 % | 162.7 % | 22.2 % |
Economic value added (EVA) | 430.26 | - 281.92 | 715.69 | 2 700.65 | 746.55 |
Solvency | |||||
Equity ratio | 59.6 % | 42.4 % | 34.0 % | 44.0 % | 53.8 % |
Gearing | |||||
Relative net indebtedness % | 8.5 % | 7.0 % | 21.2 % | 13.2 % | -38.7 % |
Liquidity | |||||
Quick ratio | 2.5 | 1.7 | 1.5 | 1.8 | 2.2 |
Current ratio | 2.5 | 1.7 | 1.5 | 1.8 | 2.2 |
Cash and cash equivalents | 48.70 | 405.54 | 709.51 | 2 774.48 | 6 094.27 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 79.6 | 71.8 | 127.3 | 135.1 | 33.0 |
Net working capital % | 14.0 % | 18.4 % | 17.0 % | 27.6 % | 55.6 % |
Credit risk | |||||
Credit rating | BB | BB | BBB | BBB | BBB |
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