RASMUSSEN & LANGBALLE ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 1 630.69 | 3 065.28 | 2 572.62 | 865.63 | 1 124.52 |
EBIT | - 175.62 | 1 526.45 | 764.49 | - 471.80 | -94.08 |
Net earnings | - 121.84 | 1 184.18 | 593.36 | - 358.19 | -59.09 |
Shareholders equity total | 652.44 | 1 836.62 | 1 329.98 | 411.79 | 352.70 |
Balance sheet total (assets) | 1 016.41 | 3 192.88 | 2 257.90 | 747.15 | 747.48 |
Net debt | - 121.58 | -2 462.14 | -1 437.06 | 17.17 | 128.40 |
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) | - 169.85 | 1 147.51 | 620.78 | - 365.39 | -96.06 |
Solvency | |||||
Equity ratio | 64.2 % | 57.5 % | 58.9 % | 55.1 % | 47.2 % |
Gearing | 4.2 % | 36.4 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.6 | 2.3 | 2.4 | 2.2 | 1.9 |
Current ratio | 2.6 | 2.3 | 2.4 | 2.2 | 1.9 |
Cash and cash equivalents | 121.58 | 2 462.14 | 1 437.06 | ||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BB | BBB |
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