A/S ROMODAN — Credit Rating and Financial Key Figures
Credit rating
Company information
About A/S ROMODAN
A/S ROMODAN (CVR number: 44683814K) is a company from IKAST-BRANDE. The company reported a net sales of 2221.2 mDKK in 2023, demonstrating a decline of -20.8 % compared to the previous year. The operating profit percentage was at 8.9 % (EBIT: 198.2 mDKK), while net earnings were 151.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was 10.3 %, which can be considered good and Return on Equity (ROE) was 12.6 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 65.2 %, 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. A/S ROMODAN's liquidity measured by quick ratio was 0.7 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 | 1 897.39 | 2 229.45 | 2 518.28 | 2 804.07 | 2 221.20 |
Gross profit | 915.13 | 1 053.17 | 1 168.42 | 1 162.79 | 1 014.44 |
EBIT | 190.19 | 255.67 | 299.36 | 257.31 | 198.20 |
Net earnings | 165.59 | 201.49 | 251.96 | 201.97 | 151.11 |
Shareholders equity total | 747.72 | 903.12 | 1 113.79 | 1 208.86 | 1 289.80 |
Balance sheet total (assets) | 1 692.90 | 1 759.01 | 1 995.03 | 2 060.99 | 1 999.66 |
Net debt | 436.66 | 225.45 | 259.40 | 343.76 | 233.97 |
Profitability | |||||
EBIT-% | 10.0 % | 11.5 % | 11.9 % | 9.2 % | 8.9 % |
ROA | 13.6 % | 15.6 % | 17.2 % | 13.0 % | 10.3 % |
ROE | 26.6 % | 26.1 % | 26.7 % | 18.3 % | 12.6 % |
ROI | 15.7 % | 18.5 % | 20.9 % | 15.8 % | 12.5 % |
Economic value added (EVA) | 111.57 | 155.62 | 185.65 | 143.50 | 89.46 |
Solvency | |||||
Equity ratio | 44.3 % | 51.8 % | 56.3 % | 59.0 % | 65.2 % |
Gearing | 60.2 % | 26.0 % | 24.2 % | 29.9 % | 19.1 % |
Relative net indebtedness % | 43.3 % | 33.1 % | 30.1 % | 25.5 % | 26.4 % |
Liquidity | |||||
Quick ratio | 0.6 | 0.9 | 0.9 | 0.9 | 0.7 |
Current ratio | 1.0 | 1.3 | 1.4 | 1.5 | 1.4 |
Cash and cash equivalents | 13.41 | 9.45 | 10.05 | 17.50 | 12.84 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 31.6 | 33.4 | 38.5 | 42.0 | 35.3 |
Net working capital % | 0.3 % | 6.3 % | 8.6 % | 9.3 % | 8.5 % |
Credit risk | |||||
Credit rating | AAA | AAA | AAA | AAA | AAA |
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