RAGN-SELLS DANMARK A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About RAGN-SELLS DANMARK A/S
RAGN-SELLS DANMARK A/S (CVR number: 86476819) is a company from NÆSTVED. The company recorded a gross profit of 74.5 mDKK in 2023. The operating profit was 7527.9 kDKK, while net earnings were -5254.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.1 %, which can be considered weak but Return on Equity (ROE) was -11.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 21.7 %, 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. RAGN-SELLS DANMARK A/S's liquidity measured by quick ratio was 0.8 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 | 366 690.25 | ||||
Gross profit | 37 637.46 | 55 889.92 | 64 255.04 | 68 051.83 | 74 505.34 |
EBIT | 4 341.31 | 3 029.22 | 8 212.86 | 5 035.30 | 7 527.93 |
Net earnings | 3 810.01 | 4 059.78 | 7 887.65 | 17 827.96 | -5 254.81 |
Shareholders equity total | 7 798.85 | 22 158.63 | 29 270.35 | 47 098.32 | 41 843.51 |
Balance sheet total (assets) | 137 242.72 | 187 679.66 | 191 506.49 | 186 855.69 | 190 739.73 |
Net debt | 106 519.12 | 120 377.51 | 119 184.10 | 104 397.45 | 109 281.78 |
Profitability | |||||
EBIT-% | 2.2 % | ||||
ROA | 3.4 % | 4.7 % | 6.3 % | 7.1 % | 2.1 % |
ROE | 64.6 % | 27.1 % | 30.7 % | 46.7 % | -11.8 % |
ROI | 4.1 % | 5.6 % | 7.8 % | 8.8 % | 2.6 % |
Economic value added (EVA) | 5 023.99 | 3 106.34 | 8 806.88 | 3 104.53 | 4 206.25 |
Solvency | |||||
Equity ratio | 5.7 % | 11.8 % | 15.2 % | 25.1 % | 21.7 % |
Gearing | 1368.7 % | 557.1 % | 407.2 % | 221.7 % | 261.2 % |
Relative net indebtedness % | 44.2 % | ||||
Liquidity | |||||
Quick ratio | 1.2 | 0.8 | 0.8 | 0.8 | 0.8 |
Current ratio | 1.4 | 0.9 | 1.0 | 1.0 | 0.9 |
Cash and cash equivalents | 226.41 | 3 069.14 | 3.49 | 2.42 | 2.88 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 51.3 | ||||
Net working capital % | -0.5 % | ||||
Credit risk | |||||
Credit rating | A | AA | AA | AA | A |
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