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RYE-NØRGAARD HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About RYE-NØRGAARD HOLDING ApS
RYE-NØRGAARD HOLDING ApS (CVR number: 27930417) is a company from SKANDERBORG. The company recorded a gross profit of -286.4 kDKK in 2024. The operating profit was -567.5 kDKK, while net earnings were 534.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.2 %, which can be considered decent but Return on Equity (ROE) was 1.7 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 87.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. RYE-NØRGAARD HOLDING ApS's liquidity measured by quick ratio was 8.4 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | - 178.86 | - 374.15 | - 291.30 | - 577.02 | - 286.41 |
| EBIT | - 178.86 | - 374.15 | - 291.30 | -1 321.82 | - 567.50 |
| Net earnings | 384.58 | -7 107.21 | 464.75 | 1 453.85 | 534.05 |
| Shareholders equity total | 36 407.36 | 29 300.15 | 29 764.90 | 31 218.75 | 31 752.81 |
| Balance sheet total (assets) | 38 489.84 | 31 588.24 | 32 093.29 | 34 104.60 | 36 133.81 |
| Net debt | -25 324.08 | -19 870.68 | -20 582.88 | -22 200.03 | -24 170.89 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 1.3 % | -6.7 % | 1.8 % | 9.0 % | 5.2 % |
| ROE | 1.1 % | -21.6 % | 1.6 % | 4.8 % | 1.7 % |
| ROI | 1.3 % | -6.8 % | 1.8 % | 9.2 % | 5.5 % |
| Economic value added (EVA) | -2 066.46 | -2 349.15 | -1 842.13 | -2 629.88 | -1 977.29 |
| Solvency | |||||
| Equity ratio | 94.6 % | 92.8 % | 92.7 % | 91.5 % | 87.9 % |
| Gearing | 4.2 % | 5.3 % | 5.3 % | 5.3 % | 5.1 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 17.5 | 13.0 | 13.1 | 12.9 | 8.4 |
| Current ratio | 17.5 | 13.0 | 13.1 | 12.9 | 8.4 |
| Cash and cash equivalents | 26 865.66 | 21 432.86 | 22 148.10 | 23 849.08 | 25 775.56 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | A | BBB | A | A | A |
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