A/S ERICH RASMUSSEN. SORØ — Credit Rating and Financial Key Figures

CVR number: 78062517
Færøvej 14, 4180 Sorø
erichras@post12.tele.dk
tel: 57831412

Credit rating

Company information

Official name
A/S ERICH RASMUSSEN. SORØ
Personnel
1 person
Established
1985
Company form
Limited company
Industry

About A/S ERICH RASMUSSEN. SORØ

A/S ERICH RASMUSSEN. SORØ (CVR number: 78062517) is a company from SORØ. The company recorded a gross profit of -35.8 kDKK in 2023. The operating profit was -89.8 kDKK, while net earnings were 72.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3 %, which can be considered weak and Return on Equity (ROE) was 2.7 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 99 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. A/S ERICH RASMUSSEN. SORØ's liquidity measured by quick ratio was 103.5 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-20.03-19.44-30.29-27.64-35.82
EBIT-42.09-43.10-72.96-70.60-89.77
Net earnings142.6194.71209.19- 147.6972.39
Shareholders equity total3 049.303 033.413 129.602 867.512 589.90
Balance sheet total (assets)3 060.783 043.393 199.633 075.712 615.16
Net debt-3 060.78-3 028.17-3 199.63-2 877.04-2 593.69
Profitability
EBIT-%
ROA6.8 %4.2 %8.8 %-0.7 %3.0 %
ROE4.6 %3.1 %6.8 %-4.9 %2.7 %
ROI6.8 %4.2 %8.9 %-0.8 %3.0 %
Economic value added (EVA)-34.10-32.98-57.17-67.08-79.61
Solvency
Equity ratio99.6 %99.7 %97.8 %93.2 %99.0 %
Gearing6.7 %0.2 %
Relative net indebtedness %
Liquidity
Quick ratio266.6304.945.714.8103.5
Current ratio266.6304.945.714.8103.5
Cash and cash equivalents3 060.783 028.173 199.633 069.792 598.51
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:3.01%
Rating: 35/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.0%
Rating: 85/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Board member

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