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 -577 kDKK in 2023. The operating profit was -1321.8 kDKK, while net earnings were 1453.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9 %, which can be considered good but Return on Equity (ROE) was 4.8 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 91.5 %, 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 12.9 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -84.20 | - 178.86 | - 374.15 | - 291.30 | - 577.02 |
| EBIT | -84.20 | - 178.86 | - 374.15 | - 291.30 | -1 321.82 |
| Net earnings | -1 015.30 | 384.58 | -7 107.21 | 464.75 | 1 453.85 |
| Shareholders equity total | 36 022.79 | 36 407.36 | 29 300.15 | 29 764.90 | 31 218.75 |
| Balance sheet total (assets) | 37 584.86 | 38 489.84 | 31 588.24 | 32 093.29 | 34 104.60 |
| Net debt | -22 932.25 | -25 324.08 | -19 870.68 | -20 582.88 | -22 200.03 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | -1.8 % | 1.3 % | -6.7 % | 1.8 % | 9.0 % |
| ROE | -2.8 % | 1.1 % | -21.6 % | 1.6 % | 4.8 % |
| ROI | -1.8 % | 1.3 % | -6.8 % | 1.8 % | 9.2 % |
| Economic value added (EVA) | -1 518.28 | - 715.05 | - 894.20 | - 677.96 | -1 438.28 |
| Solvency | |||||
| Equity ratio | 95.8 % | 94.6 % | 92.8 % | 92.7 % | 91.5 % |
| Gearing | 4.3 % | 4.2 % | 5.3 % | 5.3 % | 5.3 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 22.5 | 17.5 | 13.0 | 13.1 | 12.9 |
| Current ratio | 22.5 | 17.5 | 13.0 | 13.1 | 12.9 |
| Cash and cash equivalents | 24 473.58 | 26 865.66 | 21 432.86 | 22 148.10 | 23 849.08 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | A | BBB | A | A |
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