OVE RASMUSSEN - EL ApS — Credit Rating and Financial Key Figures

CVR number: 75123817
Adelgade 13, 9500 Hobro
tel: 98520200

Company information

Official name
OVE RASMUSSEN - EL ApS
Personnel
1 person
Established
1984
Company form
Private limited company
Industry

About OVE RASMUSSEN - EL ApS

OVE RASMUSSEN - EL ApS (CVR number: 75123817) is a company from MARIAGERFJORD. The company recorded a gross profit of 621 kDKK in 2022. The operating profit was 140.9 kDKK, while net earnings were 352.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.2 %, which can be considered weak and Return on Equity (ROE) was 3.5 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 53.8 %, 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. OVE RASMUSSEN - EL ApS's liquidity measured by quick ratio was 9.7 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
2018
2019
2020
2021
2022
Volume
Net sales
Gross profit637.2680.95522.70505.40621.03
EBIT73.49- 414.84103.1370.15140.94
Net earnings201.79- 170.64321.71271.26352.34
Shareholders equity total9 532.049 361.409 683.129 954.3810 306.72
Balance sheet total (assets)19 962.2119 755.7019 454.9719 268.6919 157.21
Net debt8 166.887 893.407 424.777 061.746 326.62
Profitability
EBIT-%
ROA2.0 %-0.6 %2.5 %2.1 %3.2 %
ROE2.1 %-1.8 %3.4 %2.8 %3.5 %
ROI2.0 %-0.6 %2.5 %2.1 %3.3 %
Economic value added (EVA)- 804.62-1 192.33- 759.27- 776.88- 733.60
Solvency
Equity ratio47.8 %47.4 %49.8 %51.7 %53.8 %
Gearing88.4 %87.0 %80.3 %74.4 %67.4 %
Relative net indebtedness %
Liquidity
Quick ratio11.77.59.714.39.7
Current ratio12.47.710.014.79.9
Cash and cash equivalents262.62251.62350.39341.38624.48
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBAAA

Variable visualization

ROA:3.23%
Rating: 36/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:53.8%
Rating: 42/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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