BIRCH & RASMUSSEN ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About BIRCH & RASMUSSEN ApS
BIRCH & RASMUSSEN ApS (CVR number: 27447589) is a company from FREDERIKSBERG. The company reported a net sales of 1 mDKK in 2024, demonstrating a decline of -13.5 % compared to the previous year. The operating profit percentage was poor at -9.7 % (EBIT: -0.1 mDKK), while net earnings were -92.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -19.8 %, which can be considered poor and Return on Equity (ROE) was -56.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 30 %, 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. BIRCH & RASMUSSEN ApS's liquidity measured by quick ratio was 1.4 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 (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 938.91 | 1 334.21 | 1 392.58 | 1 101.83 | 952.61 |
Gross profit | 715.25 | 1 061.06 | 1 164.28 | 930.19 | 598.79 |
EBIT | -41.66 | 200.79 | 311.51 | 68.92 | -92.30 |
Net earnings | -34.08 | 151.47 | 236.19 | 52.69 | -92.57 |
Shareholders equity total | 95.82 | 247.30 | 408.49 | 211.18 | 118.60 |
Balance sheet total (assets) | 428.79 | 547.96 | 705.87 | 534.85 | 395.81 |
Net debt | - 310.78 | - 405.14 | - 601.32 | - 369.97 | - 218.13 |
Profitability | |||||
EBIT-% | -4.4 % | 15.0 % | 22.4 % | 6.3 % | -9.7 % |
ROA | -10.2 % | 41.1 % | 49.7 % | 11.1 % | -19.8 % |
ROE | -20.9 % | 88.3 % | 72.0 % | 17.0 % | -56.1 % |
ROI | -25.6 % | 117.0 % | 95.0 % | 19.9 % | -38.8 % |
Economic value added (EVA) | -44.51 | 150.01 | 225.60 | 32.16 | - 106.57 |
Solvency | |||||
Equity ratio | 22.3 % | 45.1 % | 57.9 % | 39.5 % | 30.0 % |
Gearing | 34.5 % | 61.5 % | |||
Relative net indebtedness % | 2.4 % | -7.8 % | -21.8 % | -10.8 % | -1.5 % |
Liquidity | |||||
Quick ratio | 1.3 | 1.8 | 2.4 | 1.7 | 1.4 |
Current ratio | 1.3 | 1.8 | 2.4 | 1.7 | 1.4 |
Cash and cash equivalents | 310.78 | 405.14 | 601.32 | 442.89 | 291.04 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 3.9 | 32.0 | 22.2 | 4.2 | 25.9 |
Net working capital % | 10.2 % | 18.5 % | 29.3 % | 19.2 % | 12.5 % |
Credit risk | |||||
Credit rating | BB | BBB | BBB | BBB | BBB |
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