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 -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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 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 earnings | 142.61 | 94.71 | 209.19 | - 147.69 | 72.39 |
Shareholders equity total | 3 049.30 | 3 033.41 | 3 129.60 | 2 867.51 | 2 589.90 |
Balance sheet total (assets) | 3 060.78 | 3 043.39 | 3 199.63 | 3 075.71 | 2 615.16 |
Net debt | -3 060.78 | -3 028.17 | -3 199.63 | -2 877.04 | -2 593.69 |
Profitability | |||||
EBIT-% | |||||
ROA | 6.8 % | 4.2 % | 8.8 % | -0.7 % | 3.0 % |
ROE | 4.6 % | 3.1 % | 6.8 % | -4.9 % | 2.7 % |
ROI | 6.8 % | 4.2 % | 8.9 % | -0.8 % | 3.0 % |
Economic value added (EVA) | -34.10 | -32.98 | -57.17 | -67.08 | -79.61 |
Solvency | |||||
Equity ratio | 99.6 % | 99.7 % | 97.8 % | 93.2 % | 99.0 % |
Gearing | 6.7 % | 0.2 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 266.6 | 304.9 | 45.7 | 14.8 | 103.5 |
Current ratio | 266.6 | 304.9 | 45.7 | 14.8 | 103.5 |
Cash and cash equivalents | 3 060.78 | 3 028.17 | 3 199.63 | 3 069.79 | 2 598.51 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BB | BBB | BBB |
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