RASMUS DAMSGAARD ApS — Credit Rating and Financial Key Figures

CVR number: 28867557
Industriparken 5, Lind 7400 Herning
tel: 97214590

Company information

Official name
RASMUS DAMSGAARD ApS
Personnel
14 persons
Established
2005
Domicile
Lind
Company form
Private limited company
Industry

About RASMUS DAMSGAARD ApS

RASMUS DAMSGAARD ApS (CVR number: 28867557) is a company from HERNING. The company recorded a gross profit of 2617.4 kDKK in 2023. The operating profit was 842.6 kDKK, while net earnings were 672.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 20.1 %, which can be considered excellent and Return on Equity (ROE) was 25 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 59.1 %, 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. RASMUS DAMSGAARD ApS's liquidity measured by quick ratio was 1.6 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit2 188.842 485.712 263.422 497.432 617.45
EBIT588.56954.88760.65987.22842.57
Net earnings453.63760.30599.28784.58672.31
Shareholders equity total1 603.671 963.962 163.252 547.822 820.13
Balance sheet total (assets)2 871.093 912.653 504.164 004.994 772.98
Net debt- 685.25-1 132.71- 670.69- 659.55-1 275.01
Profitability
EBIT-%
ROA21.4 %28.7 %21.0 %26.8 %20.1 %
ROE27.9 %42.6 %29.0 %33.3 %25.0 %
ROI35.4 %49.4 %34.1 %41.4 %32.0 %
Economic value added (EVA)391.91703.82551.97701.58552.96
Solvency
Equity ratio55.9 %50.2 %61.7 %63.6 %59.1 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio1.61.41.51.41.6
Current ratio1.71.61.81.91.9
Cash and cash equivalents685.251 132.71670.69659.551 275.01
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:20.1%
Rating: 74/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:59.1%
Rating: 46/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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