A/S ERICH RASMUSSEN. SORØ — Credit Rating and Financial Key Figures
Credit rating
Company information
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 -36.6 kDKK in 2024. The operating profit was -289.5 kDKK, while net earnings were -164.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -6.7 %, which can be considered poor and Return on Equity (ROE) was -6.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 99.4 %, 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 157.5 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -19.44 | -30.29 | -27.64 | -35.82 | -36.61 |
| EBIT | -43.10 | -72.96 | -70.60 | -89.77 | - 289.51 |
| Net earnings | 94.71 | 209.19 | - 147.69 | 72.39 | - 164.84 |
| Shareholders equity total | 3 033.41 | 3 129.60 | 2 867.51 | 2 589.90 | 2 303.06 |
| Balance sheet total (assets) | 3 043.39 | 3 199.63 | 3 075.71 | 2 615.16 | 2 317.78 |
| Net debt | -3 028.17 | -3 199.63 | -2 877.04 | -2 593.69 | -2 277.00 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 4.2 % | 8.8 % | -0.7 % | 3.0 % | -6.7 % |
| ROE | 3.1 % | 6.8 % | -4.9 % | 2.7 % | -6.7 % |
| ROI | 4.2 % | 8.9 % | -0.8 % | 3.0 % | -6.7 % |
| Economic value added (EVA) | - 186.79 | - 209.34 | - 227.86 | - 243.55 | - 420.62 |
| Solvency | |||||
| Equity ratio | 99.7 % | 97.8 % | 93.2 % | 99.0 % | 99.4 % |
| Gearing | 6.7 % | 0.2 % | |||
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 304.9 | 45.7 | 14.8 | 103.5 | 157.5 |
| Current ratio | 304.9 | 45.7 | 14.8 | 103.5 | 157.5 |
| Cash and cash equivalents | 3 028.17 | 3 199.63 | 3 069.79 | 2 598.51 | 2 277.00 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BB | BB | BBB | BBB | BBB |
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