RAMCON A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About RAMCON A/S
RAMCON A/S (CVR number: 12044976) is a company from RUDERSDAL. The company recorded a gross profit of 49.2 mDKK in 2024. The operating profit was 3739.1 kDKK, while net earnings were 2379.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7 %, which can be considered decent but Return on Equity (ROE) was 75.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 5.6 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. RAMCON A/S's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 860 191.00 | 1 830 192.56 | |||
Gross profit | 367 709.00 | 728 318.00 | 61 557.99 | 48 532.53 | 49 249.00 |
EBIT | 316 680.00 | 656 211.00 | 12 840.00 | 3 994.61 | 3 739.09 |
Net earnings | 245 740.00 | 512 889.00 | 5 332.00 | -3 902.14 | 2 379.16 |
Shareholders equity total | 259 088.00 | 61 933.00 | 1 964.00 | 1 955.89 | 4 324.96 |
Balance sheet total (assets) | 837 149.00 | 609 551.00 | 73 967.00 | 62 794.57 | 81 156.38 |
Net debt | - 451 036.00 | - 429 438.26 | 13 064.94 | 22 243.14 | 29 912.10 |
Profitability | |||||
EBIT-% | 36.8 % | 35.9 % | |||
ROA | 70.6 % | 91.2 % | 3.1 % | -2.6 % | 7.0 % |
ROE | 179.8 % | 319.5 % | 16.7 % | -199.1 % | 75.8 % |
ROI | 217.0 % | 394.5 % | 25.3 % | -7.2 % | 14.7 % |
Economic value added (EVA) | 245 962.23 | 498 949.82 | 6 005.44 | 2 744.25 | 1 299.82 |
Solvency | |||||
Equity ratio | 31.3 % | 10.3 % | 2.8 % | 3.3 % | 5.6 % |
Gearing | 1.0 % | 2.7 % | 675.4 % | 1300.4 % | 696.6 % |
Relative net indebtedness % | 14.1 % | 6.2 % | |||
Liquidity | |||||
Quick ratio | 1.5 | 1.1 | 0.9 | 0.9 | 1.0 |
Current ratio | 1.4 | 1.1 | 1.0 | 1.0 | 1.0 |
Cash and cash equivalents | 453 576.00 | 431 081.29 | 199.29 | 3 190.68 | 215.80 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 154.1 | 29.9 | |||
Net working capital % | -22.1 % | -20.2 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BB | BB | BB |
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