K/S OLD ROSSINGTON — Credit Rating and Financial Key Figures
Credit rating
Company information
About K/S OLD ROSSINGTON
K/S OLD ROSSINGTON (CVR number: 29169888) is a company from HØRSHOLM. The company recorded a gross profit of 0 kDKK in 2023, demonstrating a decline of -100 % compared to the previous year. The operating profit was -290.8 kDKK, while net earnings were -1741.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.8 %, which can be considered poor and Return on Equity (ROE) was -27.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -65.1 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. K/S OLD ROSSINGTON's liquidity measured by quick ratio was 2.9 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 | 961.39 | 2 643.84 | |||
Gross profit | 961.39 | 2 643.84 | |||
EBIT | 811.07 | - 212.69 | - 249.22 | 1 911.81 | - 290.85 |
Net earnings | -4 471.41 | - 469.76 | -2 220.31 | -2 910.22 | -1 741.68 |
Shareholders equity total | -14 268.02 | -13 537.06 | -14 354.87 | -15 862.60 | -16 201.78 |
Balance sheet total (assets) | 5 800.24 | 5 668.72 | 6 086.78 | 4 085.10 | 8 704.19 |
Net debt | 18 399.45 | 17 174.98 | 17 899.53 | 17 189.39 | 16 920.19 |
Profitability | |||||
EBIT-% | 84.4 % | 72.3 % | |||
ROA | 17.3 % | 4.6 % | -1.3 % | 13.7 % | -0.8 % |
ROE | -50.4 % | -8.2 % | -37.8 % | -57.2 % | -27.2 % |
ROI | 20.4 % | 5.1 % | -1.4 % | 14.9 % | -0.8 % |
Economic value added (EVA) | 76.45 | - 755.70 | - 688.09 | 1 354.87 | - 652.71 |
Solvency | |||||
Equity ratio | -71.1 % | -70.5 % | -70.2 % | -79.5 % | -65.1 % |
Gearing | -129.0 % | -126.9 % | -124.7 % | -122.5 % | -148.2 % |
Relative net indebtedness % | 2086.4 % | 669.7 % | |||
Liquidity | |||||
Quick ratio | 0.0 | 0.0 | 0.0 | 2.5 | 2.9 |
Current ratio | 0.0 | 0.0 | 0.0 | 2.5 | 2.9 |
Cash and cash equivalents | 9.99 | 0.01 | 2 242.51 | 7 095.97 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | -211.3 % | -26.1 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BB | BBB |
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