MALERFIRMAET RASMUSSEN ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About MALERFIRMAET RASMUSSEN ApS
MALERFIRMAET RASMUSSEN ApS (CVR number: 35855246) is a company from ODENSE. The company recorded a gross profit of -20.5 kDKK in 2023. The operating profit was -2315.9 kDKK, while net earnings were -2426.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -65.9 %, which can be considered poor and Return on Equity (ROE) was -127.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -5.8 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. MALERFIRMAET RASMUSSEN ApS's liquidity measured by quick ratio was 0.7 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 2 682.89 | 2 816.07 | 3 225.05 | 2 882.41 | -20.50 |
EBIT | 650.90 | 263.81 | 686.25 | 882.66 | -2 315.86 |
Net earnings | 479.37 | 171.40 | 501.74 | 631.81 | -2 426.71 |
Shareholders equity total | 1 030.51 | 1 201.92 | 1 703.66 | 2 335.47 | -91.24 |
Balance sheet total (assets) | 2 607.38 | 3 197.77 | 2 531.47 | 5 489.77 | 1 470.09 |
Net debt | -1 078.22 | - 831.23 | - 727.21 | 2 043.70 | 15.16 |
Profitability | |||||
EBIT-% | |||||
ROA | 28.6 % | 9.1 % | 24.4 % | 22.1 % | -65.9 % |
ROE | 60.6 % | 15.4 % | 34.5 % | 31.3 % | -127.5 % |
ROI | 80.1 % | 19.0 % | 40.7 % | 28.6 % | -93.6 % |
Economic value added (EVA) | 492.34 | 208.10 | 514.14 | 634.58 | -2 449.68 |
Solvency | |||||
Equity ratio | 39.5 % | 37.6 % | 67.3 % | 42.5 % | -5.8 % |
Gearing | 0.0 % | 37.4 % | 1.3 % | 91.5 % | -542.3 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.6 | 1.8 | 2.7 | 1.0 | 0.7 |
Current ratio | 1.6 | 1.8 | 2.7 | 1.0 | 0.8 |
Cash and cash equivalents | 1 078.60 | 1 280.48 | 749.55 | 92.46 | 479.59 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | A | A | A | BB |
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