ROWS & STITCHES A/S — Credit Rating and Financial Key Figures

CVR number: 30703324
Lykkesvej 35, 7400 Herning
lotte@rowsandstitches.com
tel: 23958884
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Company information

Official name
ROWS & STITCHES A/S
Personnel
1 person
Established
2007
Company form
Limited company
Industry

About ROWS & STITCHES A/S

ROWS & STITCHES A/S (CVR number: 30703324) is a company from HERNING. The company recorded a gross profit of 281.7 kDKK in 2023. The operating profit was -344.2 kDKK, while net earnings were -221.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -16.9 %, which can be considered poor and Return on Equity (ROE) was -23.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 55.3 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. ROWS & STITCHES A/S's liquidity measured by quick ratio was 2.2 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit1 013.27663.98857.94655.69281.67
EBIT303.03-45.96219.50- 173.99- 344.16
Net earnings265.31-21.33145.35-97.26- 221.84
Shareholders equity total1 480.261 158.931 304.281 057.02835.18
Balance sheet total (assets)2 118.832 009.601 987.141 832.351 509.71
Net debt- 694.62- 532.20- 794.40- 640.0723.83
Profitability
EBIT-%
ROA13.7 %-1.3 %11.0 %-6.5 %-16.9 %
ROE14.0 %-1.6 %11.8 %-8.2 %-23.4 %
ROI16.2 %-1.6 %13.4 %-7.3 %-18.3 %
Economic value added (EVA)180.16-59.07160.55- 141.95- 256.89
Solvency
Equity ratio69.9 %57.7 %65.6 %57.7 %55.3 %
Gearing21.9 %35.8 %29.6 %61.2 %66.2 %
Relative net indebtedness %
Liquidity
Quick ratio3.32.42.92.42.2
Current ratio3.32.42.92.42.2
Cash and cash equivalents1 018.25946.671 180.121 286.97529.46
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBBBBBBBBB

Variable visualization

ROA:-16.9%
Rating: 3/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:55.3%
Rating: 43/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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