RØNNOW EJENDOMME APS — Credit Rating and Financial Key Figures

CVR number: 40921850
Grenåvej 24, 8960 Randers SØ

Credit rating

Company information

Official name
RØNNOW EJENDOMME APS
Established
2019
Company form
Private limited company
Industry

About RØNNOW EJENDOMME APS

RØNNOW EJENDOMME APS (CVR number: 40921850) is a company from RANDERS. The company recorded a gross profit of 147 kDKK in 2023. The operating profit was 74.4 kDKK, while net earnings were 190.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8 %, which can be considered good but Return on Equity (ROE) was 7.4 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 1.5 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. RØNNOW EJENDOMME APS's liquidity measured by quick ratio was 0 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
2020
2021
2022
2023
Volume
Net sales
Gross profit-47.74198.79198.60146.97
EBIT-93.05136.29130.3374.40
Net earnings- 148.06-6.86-2.52190.57
Shareholders equity total- 108.06- 114.92- 117.4473.13
Balance sheet total (assets)4 610.284 758.895 077.195 001.49
Net debt4 586.274 478.105 008.064 785.62
Profitability
EBIT-%
ROA-2.0 %2.8 %2.6 %8.0 %
ROE-3.2 %-0.1 %-0.1 %7.4 %
ROI-2.0 %2.9 %2.7 %8.2 %
Economic value added (EVA)-72.9756.6356.36-22.08
Solvency
Equity ratio-2.3 %-2.4 %-2.3 %1.5 %
Gearing-4244.3 %-4089.6 %-4264.3 %6557.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.10.00.0
Current ratio0.00.10.00.0
Cash and cash equivalents221.629.46
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:8.03%
Rating: 52/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:1.46%
Rating: 2/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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