RAVNSGAARD SMEDE- OG MASKINVÆRKSTED A/S — Credit Rating and Financial Key Figures

RAVNSGAARD SMEDE- OG MASKINVÆRKSTED A/S (CVR number: 28861737) is a company from HERNING. The company recorded a gross profit of 17.6 mDKK in 2023. The operating profit was 4984.7 kDKK, while net earnings were 3554.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 20.2 %, which can be considered excellent and Return on Equity (ROE) was 50.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 25.5 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. RAVNSGAARD SMEDE- OG MASKINVÆRKSTED A/S'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.