RODEN 2 ApS — Credit Rating and Financial Key Figures

CVR number: 32655769
Løndalen 16, 9260 Gistrup
jep@athenegroup.dk
tel: 22815808

Credit rating

Company information

Official name
RODEN 2 ApS
Personnel
1 person
Established
2009
Company form
Private limited company
Industry

About RODEN 2 ApS

RODEN 2 ApS (CVR number: 32655769) is a company from AALBORG. The company recorded a gross profit of 94.7 kDKK in 2023. The operating profit was -68.2 kDKK, while net earnings were -62.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.1 %, which can be considered poor and Return on Equity (ROE) was -2.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 46 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. RODEN 2 ApS's liquidity measured by quick ratio was 0.1 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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 profit223.77111.47137.4574.9194.68
EBIT211.25256.14125.0862.46-68.19
Net earnings152.99324.7386.7040.00-62.30
Shareholders equity total2 431.502 656.232 742.932 782.932 720.62
Balance sheet total (assets)5 896.066 001.506 013.866 014.695 908.39
Net debt2 516.442 571.972 523.162 470.182 428.72
Profitability
EBIT-%
ROA3.5 %7.3 %2.1 %1.0 %-1.1 %
ROE6.2 %12.8 %3.2 %1.4 %-2.3 %
ROI3.7 %7.5 %2.1 %1.1 %-1.2 %
Economic value added (EVA)-79.20-48.99- 151.25- 212.78- 315.47
Solvency
Equity ratio41.2 %44.3 %45.6 %46.3 %46.0 %
Gearing105.7 %96.9 %92.0 %88.8 %89.6 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.00.10.10.1
Current ratio0.20.00.10.10.1
Cash and cash equivalents53.561.508.16
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAABBB

Variable visualization

ROA:-1.14%
Rating: 19/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:46.0%
Rating: 37/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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