Ras-Con ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Ras-Con ApS
Ras-Con ApS (CVR number: 39980835) is a company from VEJLE. The company recorded a gross profit of 729.8 kDKK in 2023. The operating profit was -17.8 kDKK, while net earnings were -14.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.8 %, which can be considered poor and Return on Equity (ROE) was -3.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 70.7 %, 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. Ras-Con ApS's liquidity measured by quick ratio was 3.4 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 715.47 | 1 005.66 | -39.76 | 348.84 | 729.75 |
EBIT | -68.85 | 543.84 | -82.86 | 127.46 | -17.81 |
Net earnings | -62.02 | 419.35 | -87.03 | 112.37 | -14.69 |
Shareholders equity total | 337.98 | 757.33 | 320.30 | 432.67 | 417.98 |
Balance sheet total (assets) | 751.07 | 988.06 | 422.22 | 662.18 | 590.96 |
Net debt | - 188.22 | -57.30 | - 333.01 | - 462.17 | - 415.02 |
Profitability | |||||
EBIT-% | |||||
ROA | -8.9 % | 62.5 % | -11.7 % | 23.5 % | -2.8 % |
ROE | -18.4 % | 76.6 % | -16.2 % | 29.8 % | -3.5 % |
ROI | -12.6 % | 81.7 % | -14.7 % | 33.8 % | -4.2 % |
Economic value added (EVA) | -60.08 | 426.35 | - 113.27 | 116.29 | -12.77 |
Solvency | |||||
Equity ratio | 45.0 % | 76.6 % | 75.9 % | 65.3 % | 70.7 % |
Gearing | 57.0 % | 5.8 % | 0.2 % | 0.2 % | 0.3 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.4 | 3.8 | 3.4 | 2.7 | 3.4 |
Current ratio | 1.4 | 3.8 | 3.4 | 2.7 | 3.4 |
Cash and cash equivalents | 380.81 | 100.97 | 333.68 | 462.84 | 416.13 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | B | BBB | BB |
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