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

CVR number: 31514967
Grønnemosevej 9, 4850 Stubbekøbing

Company information

Official name
H. RASCH & SØN A/S
Personnel
16 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 9974 kDKK in 2023. The operating profit was 1065.2 kDKK, while net earnings were 783.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.5 %, which can be considered good and Return on Equity (ROE) was 8.8 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 71.1 %, 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 2.6 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit10 172.9912 213.118 942.149 703.149 974.00
EBIT2 378.932 840.14329.351 127.001 065.16
Net earnings1 823.722 155.49201.48834.75783.69
Shareholders equity total7 309.498 964.998 416.479 194.028 607.84
Balance sheet total (assets)11 064.1314 203.5813 242.4012 149.5912 819.09
Net debt-2 760.83-6 129.79-3 245.38-4 990.96-5 423.43
Profitability
EBIT-%
ROA22.9 %22.5 %2.4 %8.9 %8.5 %
ROE27.4 %26.5 %2.3 %9.5 %8.8 %
ROI34.0 %33.6 %3.7 %12.6 %11.9 %
Economic value added (EVA)1 690.311 985.57101.90618.74612.53
Solvency
Equity ratio68.7 %64.8 %77.0 %82.5 %71.1 %
Gearing1.9 %1.1 %
Relative net indebtedness %
Liquidity
Quick ratio2.52.03.84.72.6
Current ratio2.21.91.93.02.1
Cash and cash equivalents2 898.736 231.343 245.384 990.965 423.43
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAA

Variable visualization

ROA:8.54%
Rating: 53/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:71.1%
Rating: 54/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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