RUST ApS — Credit Rating and Financial Key Figures

CVR number: 17150138
Guldbergsgade 8, 2200 København N
info@rust.dk
tel: 35245209

Credit rating

Company information

Official name
RUST ApS
Personnel
42 persons
Established
1993
Company form
Private limited company
Industry

About RUST ApS

RUST ApS (CVR number: 17150138) is a company from KØBENHAVN. The company recorded a gross profit of 5657.5 kDKK in 2024. The operating profit was 336 kDKK, while net earnings were 92.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.6 %, which can be considered decent but Return on Equity (ROE) was 26.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 7.4 %, 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. RUST 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit4 239.784 422.905 230.805 147.585 657.50
EBIT151.64172.72-60.5571.20335.98
Net earnings-16.73-98.02- 197.70-68.3192.46
Shareholders equity total662.27564.25366.55298.25390.70
Balance sheet total (assets)4 360.614 435.154 993.836 049.765 312.64
Net debt2 487.791 749.562 345.791 646.021 599.03
Profitability
EBIT-%
ROA4.0 %4.1 %-0.8 %3.0 %6.6 %
ROE-2.5 %-16.0 %-42.5 %-20.5 %26.8 %
ROI5.9 %5.6 %-1.2 %6.1 %15.4 %
Economic value added (EVA)-25.69-0.24- 183.64-83.0290.19
Solvency
Equity ratio15.3 %13.1 %7.3 %4.9 %7.4 %
Gearing377.4 %311.4 %641.1 %561.9 %431.3 %
Relative net indebtedness %
Liquidity
Quick ratio1.00.60.80.60.4
Current ratio1.10.60.90.60.5
Cash and cash equivalents11.447.534.1729.7785.97
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:6.62%
Rating: 47/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:7.35%
Rating: 8/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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