B & P RASMUSSEN HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 28150466
Ansvej 28 B, 8600 Silkeborg
pr@bp-development.dk
tel: 60566452

Credit rating

Company information

Official name
B & P RASMUSSEN HOLDING ApS
Established
2004
Company form
Private limited company
Industry

About B & P RASMUSSEN HOLDING ApS

B & P RASMUSSEN HOLDING ApS (CVR number: 28150466) is a company from SILKEBORG. The company reported a net sales of 0.2 mDKK in 2023, demonstrating a decline of -43.3 % compared to the previous year. The operating profit percentage was at 91.6 % (EBIT: 0.1 mDKK), while net earnings were 59.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.3 %, which can be considered weak but Return on Equity (ROE) was 24.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 2.9 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. B & P RASMUSSEN HOLDING ApS's liquidity measured by quick ratio was 0.4 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales189.03- 918.55- 159.40280.85159.25
Gross profit163.07-1 065.55- 194.76263.87145.89
EBIT163.07-1 065.55- 921.96263.87145.89
Net earnings1 780.52- 346.97- 787.65179.9159.81
Shareholders equity total26 281.41823.8436.19216.10275.91
Balance sheet total (assets)27 155.7627 018.1310 196.519 186.119 396.73
Net debt-13 244.36- 990.397 246.588 864.609 015.46
Profitability
EBIT-%86.3 %94.0 %91.6 %
ROA8.6 %-0.5 %-2.8 %3.4 %2.3 %
ROE6.9 %-2.6 %-183.2 %142.6 %24.3 %
ROI8.8 %-0.7 %-5.0 %3.7 %2.3 %
Economic value added (EVA)-92.02-1 079.60-69.48656.71389.33
Solvency
Equity ratio96.8 %3.0 %0.4 %2.4 %2.9 %
Gearing0.0 %1431.1 %23734.3 %4147.3 %3302.9 %
Relative net indebtedness %-6547.3 %-1460.3 %-5531.3 %3159.0 %5665.8 %
Liquidity
Quick ratio23.50.80.50.40.4
Current ratio23.50.80.50.40.4
Cash and cash equivalents13 250.6212 780.401 343.3697.8997.82
Capital use efficiency
Trade debtors turnover (days)
Net working capital %4473.2 %1719.4 %3442.6 %-1989.9 %-3571.7 %
Credit risk
Credit ratingAABBBBBBABBB

Variable visualization

ROA:2.27%
Rating: 31/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:2.94%
Rating: 4/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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