Ragone Holding ApS — Credit Rating and Financial Key Figures

Ragone Holding ApS (CVR number: 43976524) is a company from SVENDBORG. The company reported a net sales of 473.9 mDKK in 2023, demonstrating a decline of -10.2 % compared to the previous year. The operating profit percentage was poor at -3.6 % (EBIT: -17.1 mDKK), while net earnings were -30.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was -3.1 %, which can be considered poor and Return on Equity (ROE) was -24.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 36.3 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Ragone Holding ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.