RYGAARD TRANSPORT & LOGISTIC A/S — Credit Rating and Financial Key Figures

CVR number: 26385091
Nordhavnsvej 28, 8500 Grenaa

Credit rating

Company information

Official name
RYGAARD TRANSPORT & LOGISTIC A/S
Personnel
95 persons
Established
2002
Company form
Limited company
Industry

About RYGAARD TRANSPORT & LOGISTIC A/S

RYGAARD TRANSPORT & LOGISTIC A/S (CVR number: 26385091) is a company from NORDDJURS. The company recorded a gross profit of 87.2 mDKK in 2023. The operating profit was 14.6 mDKK, while net earnings were 11.9 mDKK. The profitability of the company measured by Return on Assets (ROA) was 13.3 %, which can be considered good but Return on Equity (ROE) was 17.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 64.6 %, 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. RYGAARD TRANSPORT & LOGISTIC A/S's liquidity measured by quick ratio was 1.5 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 profit65 980.7363 242.0073 094.5083 891.5787 168.64
EBIT11 290.536 363.437 330.5315 095.2214 600.27
Net earnings8 892.994 964.855 791.8511 969.4211 873.64
Shareholders equity total50 874.6155 839.4756 631.3163 600.7475 474.38
Balance sheet total (assets)98 445.73101 097.52101 927.36118 872.82116 852.77
Net debt- 163.53-4 864.758 066.226 521.011 950.00
Profitability
EBIT-%
ROA11.8 %6.7 %7.6 %14.1 %13.3 %
ROE15.8 %9.3 %10.3 %19.9 %17.1 %
ROI14.7 %8.6 %9.5 %16.9 %15.7 %
Economic value added (EVA)6 758.233 340.224 041.199 772.179 450.67
Solvency
Equity ratio51.7 %55.2 %55.6 %53.5 %64.6 %
Gearing34.0 %31.8 %39.1 %46.3 %21.0 %
Relative net indebtedness %
Liquidity
Quick ratio1.11.21.11.11.5
Current ratio1.11.21.11.11.5
Cash and cash equivalents17 453.4322 630.1614 088.7522 911.8613 896.70
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAAAAAAAA

Variable visualization

ROA:13.3%
Rating: 63/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:64.6%
Rating: 49/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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