Rashad Holding ApS — Credit Rating and Financial Key Figures

CVR number: 37806676
Lemvigvej 103, 9220 Aalborg Øst

Credit rating

Company information

Official name
Rashad Holding ApS
Established
2016
Company form
Private limited company
Industry

About Rashad Holding ApS

Rashad Holding ApS (CVR number: 37806676) is a company from AALBORG. The company recorded a gross profit of -9.3 kDKK in 2023. The operating profit was -9.3 kDKK, while net earnings were 1455.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 26.1 %, which can be considered excellent and Return on Equity (ROE) was 27.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 90.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Rashad Holding ApS's liquidity measured by quick ratio was 6.5 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 profit-6.43-8.64-7.25-6.00-9.27
EBIT-6.43-8.64-7.25-6.00-9.27
Net earnings586.95532.30667.861 137.951 455.53
Shareholders equity total2 354.142 831.143 442.494 523.255 895.02
Balance sheet total (assets)2 354.152 831.163 573.864 954.756 505.83
Net debt- 170.31- 439.31- 464.68-1 433.04-2 787.27
Profitability
EBIT-%
ROA28.2 %20.6 %21.0 %26.8 %26.1 %
ROE28.1 %20.5 %21.3 %28.6 %27.9 %
ROI28.2 %20.6 %21.4 %28.7 %28.7 %
Economic value added (EVA)37.8134.3922.4111.8561.74
Solvency
Equity ratio100.0 %100.0 %96.3 %91.3 %90.6 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio59 142.362 623.714.46.36.5
Current ratio59 142.362 623.714.46.36.5
Cash and cash equivalents170.31439.31464.681 433.042 787.27
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAA

Variable visualization

ROA:26.1%
Rating: 81/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:90.6%
Rating: 71/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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