Rapala VMC Denmark A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Rapala VMC Denmark A/S
Rapala VMC Denmark A/S (CVR number: 13254435) is a company from SILKEBORG. The company recorded a gross profit of 1276.2 kDKK in 2023. The operating profit was -85.8 kDKK, while net earnings were -20.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.1 %, which can be considered weak but Return on Equity (ROE) was -0.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 95.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Rapala VMC Denmark A/S's liquidity measured by quick ratio was 23.7 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 | 14 526.69 | 4 644.16 | 3 056.72 | 1 755.35 | 1 276.16 |
EBIT | 2 524.39 | -2 334.09 | -2 916.39 | 135.23 | -85.83 |
Net earnings | 1 083.69 | -2 504.63 | -3 476.14 | - 126.18 | -20.54 |
Shareholders equity total | 25 083.94 | 22 579.31 | 19 103.17 | 5 176.99 | 5 156.45 |
Balance sheet total (assets) | 33 579.31 | 32 002.40 | 25 725.67 | 5 488.32 | 5 380.28 |
Net debt | 1 452.10 | 275.09 | -6.92 | -4.15 | -4.03 |
Profitability | |||||
EBIT-% | |||||
ROA | 6.4 % | -6.4 % | -10.0 % | 1.0 % | 0.1 % |
ROE | 4.4 % | -10.5 % | -16.7 % | -1.0 % | -0.4 % |
ROI | 7.8 % | -8.5 % | -13.8 % | 1.3 % | 0.2 % |
Economic value added (EVA) | 587.88 | -3 912.88 | -4 478.66 | - 852.02 | - 334.21 |
Solvency | |||||
Equity ratio | 74.7 % | 70.6 % | 74.3 % | 94.3 % | 95.8 % |
Gearing | 5.8 % | 1.3 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.7 | 2.3 | 3.8 | 17.1 | 23.7 |
Current ratio | 3.9 | 3.3 | 3.8 | 17.1 | 23.7 |
Cash and cash equivalents | 12.44 | 7.34 | 6.92 | 4.15 | 4.03 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | AA | BBB | BBB | BBB | BBB |
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