RARCON ApS — Credit Rating and Financial Key Figures

CVR number: 40522697
Nørregade 36, 6330 Padborg
info@rar-bolig.dk
tel: 52396340

Company information

Official name
RARCON ApS
Personnel
3 persons
Established
2019
Company form
Private limited company
Industry

About RARCON ApS

RARCON ApS (CVR number: 40522697) is a company from AABENRAA. The company recorded a gross profit of 1336.1 kDKK in 2023. The operating profit was 527.5 kDKK, while net earnings were 179.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.8 %, which can be considered decent but Return on Equity (ROE) was 11 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 22 %, 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. RARCON ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

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 profit37.35186.312 484.99734.361 336.05
EBIT32.1370.952 099.00106.30527.54
Net earnings-0.30-7.581 542.97-27.89179.13
Shareholders equity total49.7042.111 585.091 580.931 678.37
Balance sheet total (assets)3 200.125 480.408 700.6510 432.827 630.74
Net debt1 609.372 123.014 258.913 885.104 961.34
Profitability
EBIT-%
ROA1.0 %1.6 %29.6 %1.1 %5.8 %
ROE-0.6 %-16.5 %189.6 %-1.8 %11.0 %
ROI1.0 %1.7 %37.0 %1.8 %8.5 %
Economic value added (EVA)32.1334.391 618.87-25.87128.68
Solvency
Equity ratio1.6 %0.8 %18.2 %15.2 %22.0 %
Gearing3247.9 %5096.0 %284.0 %259.2 %298.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.00.30.70.6
Current ratio0.10.00.30.70.6
Cash and cash equivalents4.6822.96242.16212.5742.74
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBABBBA

Variable visualization

ROA:5.84%
Rating: 45/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:22.0%
Rating: 21/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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