A/S Kurt Rasmussen Værktøjsmaskiner Eftf. — Credit Rating and Financial Key Figures

CVR number: 40741704
Østerhåbsvej 83 E, 8700 Horsens

Credit rating

Company information

Official name
A/S Kurt Rasmussen Værktøjsmaskiner Eftf.
Personnel
2 persons
Established
2019
Company form
Limited company
Industry

About A/S Kurt Rasmussen Værktøjsmaskiner Eftf.

A/S Kurt Rasmussen Værktøjsmaskiner Eftf. (CVR number: 40741704) is a company from HORSENS. The company recorded a gross profit of 1801.3 kDKK in 2024. The operating profit was 1322.2 kDKK, while net earnings were 971.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 53 %, which can be considered excellent and Return on Equity (ROE) was 85.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 59.4 %, 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. A/S Kurt Rasmussen Værktøjsmaskiner Eftf.'s liquidity measured by quick ratio was 1.8 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit707.641 242.861 068.56584.401 801.31
EBIT-55.08606.82303.7495.931 322.15
Net earnings-93.19404.50- 281.6019.28971.36
Shareholders equity total512.99917.48635.88655.161 626.52
Balance sheet total (assets)1 294.142 751.391 523.982 285.392 740.26
Net debt445.841 106.02151.881 099.06- 520.18
Profitability
EBIT-%
ROA-3.4 %30.0 %38.4 %5.2 %53.0 %
ROE-13.6 %56.6 %-36.3 %3.0 %85.1 %
ROI-4.6 %40.6 %-12.3 %7.5 %72.6 %
Economic value added (EVA)- 110.16394.89225.0240.02935.12
Solvency
Equity ratio39.6 %33.3 %41.7 %28.7 %59.4 %
Gearing87.5 %120.8 %35.8 %171.7 %14.2 %
Relative net indebtedness %
Liquidity
Quick ratio1.10.70.70.61.8
Current ratio1.71.21.71.42.5
Cash and cash equivalents3.242.5075.8526.11750.79
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:53.0%
Rating: 96/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:59.4%
Rating: 46/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chairman of the board

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