K.E. RASMUSSEN ApS — Credit Rating and Financial Key Figures

CVR number: 73260310
Plovskiftet 28, 5881 Skårup Fyn
tel: 62231081

Company information

Official name
K.E. RASMUSSEN ApS
Personnel
1 person
Established
1983
Company form
Private limited company
Industry

About K.E. RASMUSSEN ApS

K.E. RASMUSSEN ApS (CVR number: 73260310) is a company from SVENDBORG. The company recorded a gross profit of 2571.2 kDKK in 2023. The operating profit was 2399.9 kDKK, while net earnings were 2210.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 40 %, which can be considered excellent and Return on Equity (ROE) was 77.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 71 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. K.E. RASMUSSEN ApS's liquidity measured by quick ratio was 3.4 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit375.15460.77591.13490.232 571.17
EBIT304.65388.85519.77423.702 399.88
Net earnings145.57249.26368.23297.042 210.80
Shareholders equity total2 260.892 508.392 574.881 870.183 867.88
Balance sheet total (assets)7 502.017 435.277 411.527 130.005 449.28
Net debt4 301.973 872.413 590.064 013.16-4 517.60
Profitability
EBIT-%
ROA4.1 %5.2 %7.0 %6.0 %40.0 %
ROE6.4 %10.5 %14.5 %13.4 %77.1 %
ROI4.1 %5.3 %7.4 %6.5 %44.5 %
Economic value added (EVA)-84.4612.33109.0127.311 947.13
Solvency
Equity ratio30.1 %33.7 %34.7 %26.2 %71.0 %
Gearing208.0 %170.8 %148.0 %227.6 %21.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.50.60.70.23.4
Current ratio0.50.60.70.23.4
Cash and cash equivalents400.06410.74220.80243.795 333.05
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAABB

Variable visualization

ROA:40.0%
Rating: 89/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:71.0%
Rating: 54/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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