RASMUSSEN & LANGBALLE ApS — Credit Rating and Financial Key Figures

CVR number: 35891714
Nygade 2, 7800 Skive
Jesper.langballe@danbolig.dk
tel: 23472444

Credit rating

Company information

Official name
RASMUSSEN & LANGBALLE ApS
Personnel
3 persons
Established
2014
Company form
Private limited company
Industry

About RASMUSSEN & LANGBALLE ApS

RASMUSSEN & LANGBALLE ApS (CVR number: 35891714) is a company from SKIVE. The company recorded a gross profit of 1124.5 kDKK in 2023. The operating profit was -94.1 kDKK, while net earnings were -59.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -8.8 %, which can be considered poor and Return on Equity (ROE) was -15.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 47.2 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. RASMUSSEN & LANGBALLE ApS's liquidity measured by quick ratio was 1.9 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 profit1 630.693 065.282 572.62865.631 124.52
EBIT- 175.621 526.45764.49- 471.80-94.08
Net earnings- 121.841 184.18593.36- 358.19-59.09
Shareholders equity total652.441 836.621 329.98411.79352.70
Balance sheet total (assets)1 016.413 192.882 257.90747.15747.48
Net debt- 121.58-2 462.14-1 437.0617.17128.40
Profitability
EBIT-%
ROA-13.5 %73.5 %28.8 %-30.2 %-8.8 %
ROE-17.1 %95.2 %37.5 %-41.1 %-15.5 %
ROI-21.3 %124.3 %49.7 %-51.5 %-14.5 %
Economic value added (EVA)- 169.851 147.51620.78- 365.39-96.06
Solvency
Equity ratio64.2 %57.5 %58.9 %55.1 %47.2 %
Gearing4.2 %36.4 %
Relative net indebtedness %
Liquidity
Quick ratio2.62.32.42.21.9
Current ratio2.62.32.42.21.9
Cash and cash equivalents121.582 462.141 437.06
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:-8.84%
Rating: 11/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:47.2%
Rating: 38/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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