H. RASCH & SØN A/S — Credit Rating and Financial Key Figures

CVR number: 31514967
Grønnemosevej 9, 4850 Stubbekøbing
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Company information

Official name
H. RASCH & SØN A/S
Personnel
17 persons
Established
2008
Company form
Limited company
Industry

About H. RASCH & SØN A/S

H. RASCH & SØN A/S (CVR number: 31514967) is a company from GULDBORGSUND. The company recorded a gross profit of 9832.4 kDKK in 2024. The operating profit was 1093.9 kDKK, while net earnings were 878.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.1 %, which can be considered good and Return on Equity (ROE) was 10 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 76.8 %, 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. H. RASCH & SØN A/S's liquidity measured by quick ratio was 3.6 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit12 213.118 942.149 703.149 974.009 832.35
EBIT2 840.14329.351 127.001 065.161 093.89
Net earnings2 155.49201.48834.75783.69878.74
Shareholders equity total8 964.998 416.479 194.028 607.848 986.58
Balance sheet total (assets)14 203.5813 242.4012 149.5912 819.0912 651.12
Net debt-6 129.79-3 245.38-4 990.96-5 423.43-5 642.12
Profitability
EBIT-%
ROA22.5 %2.4 %8.9 %8.5 %9.1 %
ROE26.5 %2.3 %9.5 %8.8 %10.0 %
ROI33.6 %3.7 %12.6 %11.9 %13.1 %
Economic value added (EVA)1 829.01- 219.73446.92357.33426.74
Solvency
Equity ratio64.8 %77.0 %82.5 %71.1 %76.8 %
Gearing1.1 %
Relative net indebtedness %
Liquidity
Quick ratio2.03.84.72.63.6
Current ratio1.91.93.02.12.7
Cash and cash equivalents6 231.343 245.384 990.965 423.435 642.12
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:9.13%
Rating: 55/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:76.8%
Rating: 57/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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