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DENNIS KRAGELUND RASMUSSEN HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 26901634
Drejergårdsvej 2, 8600 Silkeborg
tel: 86888487
Free credit report Annual report

Credit rating

Company information

Official name
DENNIS KRAGELUND RASMUSSEN HOLDING ApS
Established
2002
Company form
Private limited company
Industry

About DENNIS KRAGELUND RASMUSSEN HOLDING ApS

DENNIS KRAGELUND RASMUSSEN HOLDING ApS (CVR number: 26901634) is a company from SILKEBORG. The company recorded a gross profit of -14.4 kDKK in 2024. The operating profit was -14.4 kDKK, while net earnings were 644 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14.6 %, which can be considered good but Return on Equity (ROE) was 18.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 72.3 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. DENNIS KRAGELUND RASMUSSEN HOLDING 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 profit-18.58-18.37-7.30-23.71-14.43
EBIT-18.58-18.37-7.30-23.71-14.43
Net earnings650.51- 391.8856.67134.85644.03
Shareholders equity total3 286.962 895.092 951.763 086.613 730.64
Balance sheet total (assets)4 389.073 899.763 785.184 342.325 162.42
Net debt828.83849.62688.181 064.481 110.15
Profitability
EBIT-%
ROA14.3 %-9.1 %2.5 %4.5 %14.6 %
ROE22.0 %-12.7 %1.9 %4.5 %18.9 %
ROI14.5 %-9.4 %2.6 %4.7 %15.4 %
Economic value added (EVA)- 195.35- 230.32- 194.80- 201.46- 220.10
Solvency
Equity ratio74.9 %74.2 %78.0 %71.1 %72.3 %
Gearing29.5 %30.0 %23.4 %34.7 %30.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.50.30.20.40.4
Current ratio0.50.30.20.40.4
Cash and cash equivalents142.0719.611.835.2112.50
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBABBBBBB

Variable visualization

ROA:14.6%
Rating: 66/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:72.3%
Rating: 54/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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