RANDERS RUSTFRI HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About RANDERS RUSTFRI HOLDING A/S
RANDERS RUSTFRI HOLDING A/S (CVR number: 25374789) is a company from AARHUS. The company recorded a gross profit of -83.5 kDKK in 2023. The operating profit was -83.5 kDKK, while net earnings were 1449.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8 %, which can be considered decent and Return on Equity (ROE) was 7 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 78.9 %, 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. RANDERS RUSTFRI HOLDING A/S's liquidity measured by quick ratio was 1.7 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -68.07 | -51.58 | -64.64 | -65.81 | -83.50 |
EBIT | -68.07 | -51.58 | -64.64 | -65.81 | -83.50 |
Net earnings | 808.01 | 1 348.23 | 1 140.15 | 263.17 | 1 449.13 |
Shareholders equity total | 17 390.67 | 18 738.90 | 19 879.05 | 20 097.21 | 21 321.34 |
Balance sheet total (assets) | 25 301.25 | 26 935.00 | 26 279.56 | 26 405.81 | 27 033.28 |
Net debt | -3 161.47 | -1 942.24 | -4 005.33 | -1 939.86 | -3 931.21 |
Profitability | |||||
EBIT-% | |||||
ROA | 4.1 % | 6.8 % | 6.5 % | 2.6 % | 8.0 % |
ROE | 4.5 % | 7.5 % | 5.9 % | 1.3 % | 7.0 % |
ROI | 4.2 % | 7.0 % | 6.8 % | 2.7 % | 8.0 % |
Economic value added (EVA) | 959.65 | 909.10 | 892.13 | 840.88 | 816.04 |
Solvency | |||||
Equity ratio | 68.7 % | 69.6 % | 75.6 % | 76.1 % | 78.9 % |
Gearing | 39.6 % | 41.9 % | 22.7 % | 30.8 % | 25.1 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.3 | 1.4 | 1.6 | 1.5 | 1.7 |
Current ratio | 1.3 | 1.4 | 1.6 | 1.5 | 1.7 |
Cash and cash equivalents | 10 051.47 | 9 800.25 | 8 513.49 | 8 134.86 | 9 285.50 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | AA | AA | AA | A | AA |
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