Helge Rasmussen & Søn ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Helge Rasmussen & Søn ApS
Helge Rasmussen & Søn ApS (CVR number: 36910666) is a company from AALBORG. The company recorded a gross profit of -255.2 kDKK in 2023. The operating profit was -383 kDKK, while net earnings were -298.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -11.1 %, which can be considered poor and Return on Equity (ROE) was -19 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 47.3 %, 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. Helge Rasmussen & Søn ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 591.59 | 33.17 | 360.44 | -38.84 | - 255.20 |
EBIT | -13.30 | - 679.85 | - 210.80 | -56.86 | - 382.98 |
Net earnings | -49.46 | - 652.79 | - 213.43 | -43.22 | - 298.58 |
Shareholders equity total | 2 627.56 | 1 974.76 | 1 761.33 | 1 718.11 | 1 419.53 |
Balance sheet total (assets) | 9 408.17 | 9 888.41 | 3 399.74 | 3 094.51 | 3 002.33 |
Net debt | 4 921.03 | 4 834.38 | 1 050.17 | 980.86 | 1 268.21 |
Profitability | |||||
EBIT-% | |||||
ROA | 0.3 % | -6.6 % | -3.0 % | -0.9 % | -11.1 % |
ROE | -1.9 % | -28.4 % | -11.4 % | -2.5 % | -19.0 % |
ROI | 0.4 % | -8.6 % | -4.0 % | -1.0 % | -12.3 % |
Economic value added (EVA) | - 372.25 | - 930.18 | - 338.04 | - 169.21 | - 418.24 |
Solvency | |||||
Equity ratio | 27.9 % | 20.0 % | 51.8 % | 55.5 % | 47.3 % |
Gearing | 188.7 % | 244.8 % | 59.6 % | 59.6 % | 89.3 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.2 | 0.4 | 2.0 | 2.3 | 1.3 |
Current ratio | 1.2 | 0.4 | 2.1 | 2.4 | 1.3 |
Cash and cash equivalents | 36.98 | 42.35 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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