RÆVHEDE AUTO A/S — Credit Rating and Financial Key Figures

CVR number: 58893218
Rævhedevej 69, 9440 Aabybro
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Credit rating

Company information

Official name
RÆVHEDE AUTO A/S
Personnel
15 persons
Established
1983
Company form
Limited company
Industry

About RÆVHEDE AUTO A/S

RÆVHEDE AUTO A/S (CVR number: 58893218) is a company from JAMMERBUGT. The company recorded a gross profit of 12.8 mDKK in 2024. The operating profit was 5925.8 kDKK, while net earnings were 2888.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.7 %, which can be considered good but Return on Equity (ROE) was 21.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 26.4 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. RÆVHEDE AUTO A/S's liquidity measured by quick ratio was 0.1 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit7 628.0013 762.008 764.008 200.0012 754.87
EBIT1 426.008 605.003 925.001 668.005 925.84
Net earnings1 366.006 136.001 915.00- 822.002 888.73
Shareholders equity total9 307.0015 487.0014 552.0014 940.0011 681.90
Balance sheet total (assets)40 981.0049 044.0061 106.0057 820.0044 179.59
Net debt37 865.0067 680.0025 042.31
Profitability
EBIT-%
ROA3.5 %19.1 %7.2 %2.9 %11.7 %
ROE15.9 %49.5 %12.8 %-5.6 %21.7 %
ROI3.5 %19.1 %7.7 %2.5 %9.7 %
Economic value added (EVA)1 030.238 137.322 248.91-1 269.71556.96
Solvency
Equity ratio100.0 %100.0 %23.8 %25.9 %26.4 %
Gearing260.2 %453.2 %229.8 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.10.1
Current ratio1.21.21.4
Cash and cash equivalents27.001 803.02
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBABBBBBB

Variable visualization

ROA:11.7%
Rating: 61/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:26.4%
Rating: 24/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Board member

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