Rasnic ApS — Credit Rating and Financial Key Figures

CVR number: 40115587
Wibroesvej 11, 9000 Aalborg
gk@office-partner.dk

Credit rating

Company information

Official name
Rasnic ApS
Established
2018
Company form
Private limited company
Industry

About Rasnic ApS

Rasnic ApS (CVR number: 40115587) is a company from AALBORG. The company recorded a gross profit of -11.9 kDKK in 2023. The operating profit was -11.9 kDKK, while net earnings were 88.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.2 %, which can be considered decent and Return on Equity (ROE) was 5.6 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 86.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Rasnic ApS's liquidity measured by quick ratio was 0.5 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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 profit-5.67-21.73-10.27-11.53-11.94
EBIT-5.67-21.73-10.27-11.53-11.94
Net earnings977.44181.05195.84138.1188.20
Shareholders equity total1 027.441 208.491 404.321 542.431 630.63
Balance sheet total (assets)1 333.111 559.691 744.071 908.671 879.76
Net debt250.67257.24168.66207.88218.82
Profitability
EBIT-%
ROA73.3 %14.2 %11.9 %9.1 %5.2 %
ROE95.1 %16.2 %15.0 %9.4 %5.6 %
ROI73.6 %14.3 %12.0 %9.1 %5.3 %
Economic value added (EVA)-5.6727.9651.9160.4958.58
Solvency
Equity ratio77.1 %77.5 %80.5 %80.8 %86.7 %
Gearing29.3 %28.6 %23.8 %23.4 %14.2 %
Relative net indebtedness %
Liquidity
Quick ratio8.81.33.02.80.5
Current ratio8.81.33.02.80.5
Cash and cash equivalents50.0088.97166.09153.3613.37
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBAABBB

Variable visualization

ROA:5.23%
Rating: 44/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:86.7%
Rating: 66/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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