A/S ROMODAN — Credit Rating and Financial Key Figures

CVR number: 44683814
Lysholt Alle 4, 7430 Ikast

Credit rating

Company information

Official name
A/S ROMODAN
Established
1957
Company form
Limited company
Industry

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 financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales1 897.392 229.452 518.282 804.072 221.20
Gross profit915.131 053.171 168.421 162.791 014.44
EBIT190.19255.67299.36257.31198.20
Net earnings165.59201.49251.96201.97151.11
Shareholders equity total747.72903.121 113.791 208.861 289.80
Balance sheet total (assets)1 692.901 759.011 995.032 060.991 999.66
Net debt436.66225.45259.40343.76233.97
Profitability
EBIT-%10.0 %11.5 %11.9 %9.2 %8.9 %
ROA13.6 %15.6 %17.2 %13.0 %10.3 %
ROE26.6 %26.1 %26.7 %18.3 %12.6 %
ROI15.7 %18.5 %20.9 %15.8 %12.5 %
Economic value added (EVA)111.57155.62185.65143.5089.46
Solvency
Equity ratio44.3 %51.8 %56.3 %59.0 %65.2 %
Gearing60.2 %26.0 %24.2 %29.9 %19.1 %
Relative net indebtedness %43.3 %33.1 %30.1 %25.5 %26.4 %
Liquidity
Quick ratio0.60.90.90.90.7
Current ratio1.01.31.41.51.4
Cash and cash equivalents13.419.4510.0517.5012.84
Capital use efficiency
Trade debtors turnover (days)31.633.438.542.035.3
Net working capital %0.3 %6.3 %8.6 %9.3 %8.5 %
Credit risk
Credit ratingAAAAAAAAAAAAAAA

Variable visualization

ROA:10.3%
Rating: 58/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:65.2%
Rating: 50/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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