RASMUSSEN OG HOUGAARD ApS — Credit Rating and Financial Key Figures

CVR number: 31495970
Lille Amerika 37, 8883 Gjern
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Credit rating

Company information

Official name
RASMUSSEN OG HOUGAARD ApS
Established
2008
Company form
Private limited company
Industry

About RASMUSSEN OG HOUGAARD ApS

RASMUSSEN OG HOUGAARD ApS (CVR number: 31495970) is a company from SILKEBORG. The company recorded a gross profit of 244.8 kDKK in 2024. The operating profit was 132.8 kDKK, while net earnings were -119 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.8 %, which can be considered weak but Return on Equity (ROE) was -7.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 22.7 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. RASMUSSEN OG HOUGAARD ApS's liquidity measured by quick ratio was 0.1 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit224.59432.55400.39423.25244.77
EBIT112.59320.55288.39311.25132.76
Net earnings7.22167.10133.11109.86- 119.03
Shareholders equity total1 313.791 480.891 614.001 723.871 604.83
Balance sheet total (assets)7 668.707 556.567 444.997 357.867 289.00
Net debt5 957.605 726.925 508.165 325.874 990.99
Profitability
EBIT-%
ROA1.5 %4.2 %3.8 %4.2 %1.8 %
ROE0.6 %12.0 %8.6 %6.6 %-7.2 %
ROI1.5 %4.4 %4.0 %4.4 %2.0 %
Economic value added (EVA)- 288.81- 112.54- 158.24- 160.46- 221.48
Solvency
Equity ratio17.6 %20.2 %22.3 %24.2 %22.7 %
Gearing453.5 %386.7 %341.3 %308.9 %311.9 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.00.00.10.1
Current ratio0.00.00.00.00.1
Cash and cash equivalents14.03
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:1.82%
Rating: 29/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:22.7%
Rating: 21/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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