HERM. RASMUSSEN A/S HOLDING — Credit Rating and Financial Key Figures
Credit rating
Company information
About HERM. RASMUSSEN A/S HOLDING
HERM. RASMUSSEN A/S HOLDING (CVR number: 29448361K) is a company from SILKEBORG. The company recorded a gross profit of 46.1 mDKK in 2024. The operating profit was 17.6 mDKK, while net earnings were 16.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was 6.2 %, which can be considered decent but Return on Equity (ROE) was 16.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 32.9 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. HERM. RASMUSSEN A/S HOLDING's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 36 614.21 | 40 483.21 | 43 188.89 | 45 266.98 | 46 090.78 |
EBIT | 16 074.16 | 14 080.86 | 13 407.56 | 18 436.05 | 17 594.06 |
Net earnings | 13 347.92 | 21 903.61 | 13 772.84 | 11 591.84 | 16 424.00 |
Shareholders equity total | 111 282.19 | 131 674.42 | 141 891.50 | 152 405.35 | 165 889.34 |
Balance sheet total (assets) | 458 819.84 | 472 341.67 | 463 933.60 | 474 932.17 | 504 733.18 |
Net debt | 247 730.83 | 247 219.28 | 248 055.89 | 245 080.57 | 240 362.02 |
Profitability | |||||
EBIT-% | |||||
ROA | 5.9 % | 7.1 % | 5.3 % | 5.8 % | 6.2 % |
ROE | 19.3 % | 27.6 % | 15.7 % | 12.5 % | 16.4 % |
ROI | 6.8 % | 8.1 % | 5.8 % | 6.2 % | 6.6 % |
Economic value added (EVA) | -4 851.83 | -6 312.36 | -8 636.82 | -4 849.69 | -5 845.61 |
Solvency | |||||
Equity ratio | 24.3 % | 27.9 % | 30.6 % | 32.1 % | 32.9 % |
Gearing | 224.5 % | 188.0 % | 175.0 % | 160.8 % | 153.9 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.4 | 0.3 | 0.4 | 0.4 | 0.9 |
Current ratio | 0.4 | 0.3 | 0.5 | 0.4 | 1.0 |
Cash and cash equivalents | 2 114.07 | 352.82 | 303.05 | 60.62 | 14 959.72 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | AA | AA | AA | AA | AA |
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