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 2095.5 mDKK in 2023, demonstrating a growth of 52.5 % compared to the previous year. The operating profit percentage was at 36.1 % (EBIT: 756.4 mDKK), while net earnings were 756.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was 33.7 %, which can be considered excellent and Return on Equity (ROE) was 60.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 58 %, 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 4.1 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 1 306.91 | 928.33 | 1 278.87 | 1 373.99 | 2 095.48 |
Gross profit | 466.42 | 401.63 | 519.48 | 480.86 | 1 183.15 |
EBIT | 112.40 | 100.39 | 185.35 | 132.37 | 756.35 |
Net earnings | 71.06 | 57.75 | 123.08 | 132.37 | 756.35 |
Shareholders equity total | 777.73 | 809.95 | 911.62 | 988.62 | 1 518.13 |
Balance sheet total (assets) | 1 333.53 | 1 634.76 | 1 858.70 | 1 921.92 | 2 624.59 |
Net debt | 121.60 | - 529.97 | |||
Profitability | |||||
EBIT-% | 8.6 % | 10.8 % | 14.5 % | 9.6 % | 36.1 % |
ROA | 10.7 % | 6.8 % | 10.6 % | 8.2 % | 33.7 % |
ROE | 9.4 % | 7.3 % | 14.3 % | 13.9 % | 60.3 % |
ROI | 10.9 % | 6.8 % | 10.6 % | 8.7 % | 37.7 % |
Economic value added (EVA) | 122.44 | 61.31 | 144.65 | 125.96 | 934.38 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 51.4 % | 58.0 % |
Gearing | 48.5 % | 30.6 % | |||
Relative net indebtedness % | 25.3 % | -13.3 % | |||
Liquidity | |||||
Quick ratio | 2.5 | 4.1 | |||
Current ratio | 2.7 | 4.1 | |||
Cash and cash equivalents | 357.63 | 994.22 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 52.7 | 17.7 | |||
Net working capital % | 31.1 % | 47.7 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | AAA | AA |
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