RN HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2014 | 2015 | 2016 | 2017 | 2018 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 1 027.83 | 942.33 | 1 008.50 | 926.17 | 1 265.07 |
Gross profit | 199.83 | 367.80 | 359.13 | 385.16 | 497.11 |
EBIT | 118.13 | 99.51 | 92.89 | 99.90 | 176.97 |
Net earnings | 64.63 | 55.61 | 86.43 | 56.95 | 112.25 |
Shareholders equity total | 512.28 | 543.76 | 605.72 | 637.65 | 728.53 |
Balance sheet total (assets) | 1 226.86 | 1 141.37 | 1 191.55 | 1 141.73 | 1 332.04 |
Net debt | 205.82 | 194.59 | -43.03 | 49.90 | -30.53 |
Profitability | |||||
EBIT-% | 11.5 % | 10.6 % | 9.2 % | 10.8 % | 14.0 % |
ROA | 10.3 % | 8.9 % | 12.2 % | 9.0 % | 14.4 % |
ROE | 13.2 % | 10.5 % | 15.0 % | 9.2 % | 16.4 % |
ROI | 12.5 % | 10.7 % | 14.4 % | 10.5 % | 17.1 % |
Economic value added (EVA) | 56.66 | 38.23 | 19.62 | 34.32 | 84.18 |
Solvency | |||||
Equity ratio | 43.2 % | 47.6 % | 50.8 % | 55.8 % | 54.7 % |
Gearing | 74.0 % | 59.9 % | 40.4 % | 34.0 % | 24.1 % |
Relative net indebtedness % | 42.2 % | 37.6 % | 15.9 % | 21.0 % | 17.1 % |
Liquidity | |||||
Quick ratio | 1.9 | 1.9 | 2.1 | 2.2 | 2.0 |
Current ratio | 1.7 | 1.9 | 2.1 | 2.3 | 2.0 |
Cash and cash equivalents | 173.31 | 131.36 | 288.03 | 166.84 | 205.77 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 77.4 | 70.0 | 58.1 | 60.4 | 65.8 |
Net working capital % | 16.0 % | 18.3 % | 25.5 % | 22.8 % | 20.6 % |
Credit risk | |||||
Credit rating | AAA | AAA | AAA | AAA | AAA |
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