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: 55408416) is a company from TÅRNBY. The company reported a net sales of 1850.2 mDKK in 2024, demonstrating a decline of -11.7 % compared to the previous year. The operating profit percentage was at 15.5 % (EBIT: 287.5 mDKK), while net earnings were 287.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was 11.6 %, which can be considered good but Return on Equity (ROE) was 17.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 66.2 %, 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. RN HOLDING A/S's liquidity measured by quick ratio was 4.5 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 928.33 | 1 278.87 | 1 373.99 | 2 095.48 | 1 850.18 |
Gross profit | 401.63 | 519.48 | 480.86 | 1 183.15 | 708.36 |
EBIT | 100.39 | 185.35 | 132.37 | 756.35 | 287.48 |
Net earnings | 57.75 | 123.08 | 89.40 | 756.35 | 287.48 |
Shareholders equity total | 809.95 | 911.62 | 988.62 | 1 518.13 | 1 726.34 |
Balance sheet total (assets) | 1 634.76 | 1 858.70 | 1 921.92 | 2 624.59 | 2 609.76 |
Net debt | - 529.97 | - 398.19 | |||
Profitability | |||||
EBIT-% | 10.8 % | 14.5 % | 9.6 % | 36.1 % | 15.5 % |
ROA | 6.8 % | 10.6 % | 7.0 % | 33.7 % | 11.6 % |
ROE | 7.3 % | 14.3 % | 9.4 % | 60.3 % | 17.7 % |
ROI | 6.8 % | 10.6 % | 7.0 % | 35.7 % | 12.8 % |
Economic value added (EVA) | 61.31 | 144.65 | 86.56 | 937.66 | 212.47 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 58.0 % | 66.2 % |
Gearing | 30.6 % | 22.7 % | |||
Relative net indebtedness % | -13.3 % | -10.3 % | |||
Liquidity | |||||
Quick ratio | 4.1 | 4.5 | |||
Current ratio | 4.1 | 4.6 | |||
Cash and cash equivalents | 994.22 | 789.22 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 17.7 | 51.6 | |||
Net working capital % | 47.7 % | 48.5 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | AA | AAA |
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