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: 52843111) is a company from HØRSHOLM. The company reported a net sales of 433.4 mDKK in 2023, demonstrating a decline of -16.4 % compared to the previous year. The operating profit percentage was poor at -0.3 % (EBIT: -1.4 mDKK), while net earnings were -14.7 mDKK. 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 -6.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 42.4 %, 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 531.30 | 546.34 | 625.25 | 518.54 | 433.38 |
Gross profit | 122.24 | 130.43 | 178.81 | 121.68 | 97.26 |
EBIT | 11.32 | 17.47 | 72.39 | 10.95 | -1.43 |
Net earnings | 4.36 | 12.70 | 67.33 | -1.48 | -14.72 |
Shareholders equity total | 196.12 | 207.46 | 272.15 | 244.49 | 229.55 |
Balance sheet total (assets) | 691.85 | 659.89 | 639.01 | 681.16 | 541.09 |
Net debt | 348.06 | 266.64 | 167.04 | 328.25 | 223.21 |
Profitability | |||||
EBIT-% | 2.1 % | 3.2 % | 11.6 % | 2.1 % | -0.3 % |
ROA | 2.5 % | 4.7 % | 14.3 % | 3.1 % | 1.8 % |
ROE | 2.1 % | 6.3 % | 28.1 % | -0.6 % | -6.2 % |
ROI | 2.9 % | 5.6 % | 18.0 % | 3.7 % | 2.0 % |
Economic value added (EVA) | -2.78 | -2.23 | 43.24 | -1.42 | -11.54 |
Solvency | |||||
Equity ratio | 28.4 % | 31.5 % | 42.6 % | 35.9 % | 42.4 % |
Gearing | 185.9 % | 146.2 % | 65.9 % | 136.0 % | 97.5 % |
Relative net indebtedness % | 84.7 % | 71.3 % | 50.5 % | 79.1 % | 67.8 % |
Liquidity | |||||
Quick ratio | 0.7 | 0.9 | 0.7 | 0.5 | 0.5 |
Current ratio | 1.4 | 1.4 | 1.3 | 1.2 | 1.3 |
Cash and cash equivalents | 16.62 | 36.65 | 12.30 | 4.37 | 0.67 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 103.9 | 103.3 | 90.8 | 87.8 | 81.9 |
Net working capital % | 25.6 % | 25.0 % | 17.5 % | 15.5 % | 16.6 % |
Credit risk | |||||
Credit rating | AA | AA | AAA | AA | AA |
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