STEEN RASMUSSEN A/S — Credit Rating and Financial Key Figures

CVR number: 24209113
Annalyst 156, 7430 Ikast
steen@mvb.net
tel: 97251546
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Credit rating

Company information

Official name
STEEN RASMUSSEN A/S
Personnel
1 person
Established
1999
Company form
Limited company
Industry

About STEEN RASMUSSEN A/S

STEEN RASMUSSEN A/S (CVR number: 24209113) is a company from IKAST-BRANDE. The company recorded a gross profit of 412.3 kDKK in 2024. The operating profit was 604.1 kDKK, while net earnings were 326.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.1 %, which can be considered decent but Return on Equity (ROE) was 18.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 22.9 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. STEEN RASMUSSEN A/S's liquidity measured by quick ratio was 0 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit118.47358.73239.25403.31412.29
EBIT103.9567.81224.942 288.17604.12
Net earnings42.12-34.7241.021 996.31326.94
Shareholders equity total- 357.73- 392.45- 359.391 636.921 963.86
Balance sheet total (assets)2 988.334 233.696 460.308 378.758 585.33
Net debt3 042.734 298.646 676.236 559.526 467.81
Profitability
EBIT-%
ROA3.6 %1.7 %3.9 %30.1 %7.1 %
ROE1.7 %-1.0 %0.8 %49.3 %18.2 %
ROI3.7 %1.8 %4.0 %30.7 %7.2 %
Economic value added (EVA)6.47-76.5918.391 970.54190.38
Solvency
Equity ratio-10.7 %-8.5 %-5.3 %19.5 %22.9 %
Gearing-903.3 %-1147.3 %-1858.9 %403.0 %329.8 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.10.00.00.0
Current ratio0.10.10.00.00.0
Cash and cash equivalents188.59204.174.3337.058.40
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBABBB

Variable visualization

ROA:7.12%
Rating: 49/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:22.9%
Rating: 21/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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