CARL RAS, HØRSHOLM A/S — Credit Rating and Financial Key Figures

CVR number: 20714638
Hambros Alle 22, 2900 Hellerup
tel: 44855511

Credit rating

Company information

Official name
CARL RAS, HØRSHOLM A/S
Personnel
5 persons
Established
1998
Company form
Limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About CARL RAS, HØRSHOLM A/S

CARL RAS, HØRSHOLM A/S (CVR number: 20714638) is a company from GENTOFTE. The company reported a net sales of 38.7 mDKK in 2023, demonstrating a growth of 8 % compared to the previous year. The operating profit percentage was at 44 % (EBIT: 17 mDKK), while net earnings were 17.7 mDKK. The profitability of the company measured by Return on Assets (ROA) was 11.8 %, which can be considered good but Return on Equity (ROE) was 17.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 48.3 %, 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. CARL RAS, HØRSHOLM A/S's liquidity measured by quick ratio was 0.7 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 financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales33.9234.1236.2635.8138.68
Gross profit20.2917.4520.1419.6522.58
EBIT14.6313.5916.3514.7717.03
Net earnings11.2113.9917.0616.4617.65
Shareholders equity total77.6986.6294.03103.15102.36
Balance sheet total (assets)201.84222.13217.97214.28212.02
Net debt108.29105.7898.7286.9584.35
Profitability
EBIT-%43.1 %39.8 %45.1 %41.2 %44.0 %
ROA7.1 %8.8 %10.1 %10.0 %11.8 %
ROE14.3 %17.0 %18.9 %16.7 %17.2 %
ROI7.1 %9.2 %10.8 %10.5 %12.4 %
Economic value added (EVA)1.454.297.055.607.86
Solvency
Equity ratio38.5 %39.0 %43.1 %48.1 %48.3 %
Gearing139.4 %122.3 %105.2 %84.3 %82.8 %
Relative net indebtedness %331.5 %361.6 %307.0 %275.3 %250.5 %
Liquidity
Quick ratio0.60.40.70.60.7
Current ratio0.60.40.70.60.7
Cash and cash equivalents0.000.200.240.030.41
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-34.0 %-73.3 %-38.5 %-44.8 %-33.0 %
Credit risk
Credit ratingAAAAAAAAAAAAAA

Variable visualization

ROA:11.8%
Rating: 61/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:48.3%
Rating: 39/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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