RN HOLDING A/S — Credit Rating and Financial Key Figures

CVR number: 55408416
Amager Strandvej 403, 2770 Kastrup

Credit rating

Company information

Official name
RN HOLDING A/S
Personnel
4 persons
Established
1975
Company form
Limited company
Industry

About RN HOLDING A/S

RN HOLDING A/S (CVR number: 55408416K) is a company from TÅRNBY. The company reported a net sales of 1265.1 mDKK in 2018, demonstrating a growth of 36.6 % compared to the previous year. The operating profit percentage was at 14 % (EBIT: 177 mDKK), while net earnings were 112.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 14.4 %, which can be considered good but Return on Equity (ROE) was 16.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 54.7 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. RN HOLDING A/S's liquidity measured by quick ratio was 2 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 financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2016
2017
2018
Volume
Net sales1 008.50926.171 265.07
Gross profit359.13385.16497.11
EBIT92.8999.90176.97
Net earnings86.4356.95112.25
Shareholders equity total605.72637.65728.53
Balance sheet total (assets)1 191.551 141.731 332.04
Net debt-43.0349.90-30.53
Profitability
EBIT-%9.2 %10.8 %14.0 %
ROA11.9 %9.0 %14.4 %
ROE14.3 %9.2 %16.4 %
ROI14.4 %10.5 %17.1 %
Economic value added (EVA)68.9657.76101.87
Solvency
Equity ratio50.8 %55.8 %54.7 %
Gearing40.4 %34.0 %24.1 %
Relative net indebtedness %15.9 %21.0 %17.1 %
Liquidity
Quick ratio2.12.22.0
Current ratio2.12.32.0
Cash and cash equivalents288.03166.84205.77
Capital use efficiency
Trade debtors turnover (days)58.160.465.8
Net working capital %25.5 %22.8 %20.6 %
Credit risk
Credit ratingAAAAAAAAA

Variable visualization

ROA:14.4%
Rating: 65/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:54.7%
Rating: 43/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Chairman of the board

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