ROSENDAHL DESIGN GROUP A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About ROSENDAHL DESIGN GROUP A/S
ROSENDAHL DESIGN GROUP A/S (CVR number: 52843111K) is a company from HØRSHOLM. The company reported a net sales of 464.1 mDKK in 2023, demonstrating a decline of -14.5 % compared to the previous year. The operating profit percentage was at 0.2 % (EBIT: 1 mDKK), while net earnings were -16.8 mDKK. The profitability of the company measured by Return on Assets (ROA) was 1.4 %, which can be considered weak but Return on Equity (ROE) was -7.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 42.8 %, 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. ROSENDAHL DESIGN GROUP A/S's liquidity measured by quick ratio was 0.5 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|
Volume | ||||
Net sales | 574.52 | 657.34 | 542.92 | 464.07 |
Gross profit | 144.89 | 197.03 | 131.02 | 110.86 |
EBIT | 25.13 | 84.84 | 12.53 | 1.03 |
Net earnings | 12.70 | 67.33 | -2.38 | -16.76 |
Shareholders equity total | 207.47 | 272.15 | 244.00 | 226.97 |
Balance sheet total (assets) | 655.49 | 629.52 | 679.10 | 530.75 |
Net debt | 256.04 | 148.10 | 315.50 | 204.65 |
Profitability | ||||
EBIT-% | 4.4 % | 12.9 % | 2.3 % | 0.2 % |
ROA | 5.1 % | 14.8 % | 3.0 % | 1.4 % |
ROE | 6.1 % | 28.1 % | -0.9 % | -7.1 % |
ROI | 6.3 % | 19.0 % | 3.6 % | 1.6 % |
Economic value added (EVA) | 19.04 | 51.84 | 0.47 | -11.05 |
Solvency | ||||
Equity ratio | 31.7 % | 43.3 % | 36.0 % | 42.8 % |
Gearing | 141.9 % | 60.1 % | 132.8 % | 92.5 % |
Relative net indebtedness % | 66.8 % | 46.1 % | 74.6 % | 61.2 % |
Liquidity | ||||
Quick ratio | 0.9 | 0.7 | 0.5 | 0.5 |
Current ratio | 1.5 | 1.4 | 1.2 | 1.3 |
Cash and cash equivalents | 38.26 | 15.47 | 8.56 | 5.29 |
Capital use efficiency | ||||
Trade debtors turnover (days) | 99.5 | 87.4 | 84.0 | 77.3 |
Net working capital % | 25.4 % | 19.1 % | 16.2 % | 17.2 % |
Credit risk | ||||
Credit rating | AA | AAA | AA | AA |
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