RS COMPONENTS A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About RS COMPONENTS A/S
RS COMPONENTS A/S (CVR number: 29201617) is a company from KØBENHAVN. The company reported a net sales of 287.4 mDKK in 2023, demonstrating a decline of -6.1 % compared to the previous year. The operating profit percentage was at 5.2 % (EBIT: 15 mDKK), while net earnings were 13.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was 13.8 %, which can be considered good but Return on Equity (ROE) was 43.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 20.3 %, 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. RS COMPONENTS A/S's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 206.52 | 223.56 | 279.55 | 306.17 | 287.42 |
Gross profit | 41.56 | 46.68 | 54.57 | 60.49 | 62.05 |
EBIT | 10.46 | 10.72 | 14.37 | 15.43 | 15.00 |
Net earnings | 8.68 | 8.75 | 11.37 | 12.83 | 13.10 |
Shareholders equity total | 40.55 | 9.37 | 20.51 | 33.62 | 26.59 |
Balance sheet total (assets) | 81.31 | 75.34 | 101.21 | 126.45 | 125.48 |
Net debt | 21.93 | 42.30 | 50.68 | 62.91 | 66.94 |
Profitability | |||||
EBIT-% | 5.1 % | 4.8 % | 5.1 % | 5.0 % | 5.2 % |
ROA | 13.9 % | 14.8 % | 16.7 % | 14.6 % | 13.8 % |
ROE | 24.0 % | 35.0 % | 76.1 % | 47.4 % | 43.5 % |
ROI | 17.2 % | 18.8 % | 22.0 % | 19.1 % | 17.3 % |
Economic value added (EVA) | 7.02 | 6.33 | 10.91 | 11.18 | 9.97 |
Solvency | |||||
Equity ratio | 49.9 % | 12.4 % | 20.2 % | 26.4 % | 20.3 % |
Gearing | 64.7 % | 502.9 % | 272.3 % | 187.1 % | 269.2 % |
Relative net indebtedness % | 17.7 % | 27.6 % | 27.1 % | 30.5 % | 34.7 % |
Liquidity | |||||
Quick ratio | 2.0 | 1.1 | 1.2 | 1.3 | 1.2 |
Current ratio | 2.0 | 1.1 | 1.2 | 1.3 | 1.3 |
Cash and cash equivalents | 4.30 | 4.84 | 5.17 | 4.63 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | 52.8 | 58.6 | 62.2 | 57.5 | 59.4 |
Net working capital % | 19.3 % | 3.2 % | 6.8 % | 10.3 % | 8.3 % |
Credit risk | |||||
Credit rating | AA | A | A | A | A |
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