OLE FAURSKOV RASMUSSEN ApS — Credit Rating and Financial Key Figures

CVR number: 29629676
Transportvej 4, 7620 Lemvig

Credit rating

Company information

Official name
OLE FAURSKOV RASMUSSEN ApS
Established
2006
Company form
Private limited company
Industry

About OLE FAURSKOV RASMUSSEN ApS

OLE FAURSKOV RASMUSSEN ApS (CVR number: 29629676) is a company from LEMVIG. The company recorded a gross profit of 30 kDKK in 2024. The operating profit was 16.4 kDKK, while net earnings were 249.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13.2 %, which can be considered good and Return on Equity (ROE) was 12.7 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 98.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. OLE FAURSKOV RASMUSSEN ApS's liquidity measured by quick ratio was 23.6 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit1.8447.3434.985.5529.98
EBIT-30.1115.99-32.04-8.0616.37
Net earnings99.34143.24132.56290.90249.22
Shareholders equity total1 693.851 780.591 855.952 087.951 837.17
Balance sheet total (assets)1 833.641 953.822 082.322 108.541 871.49
Net debt- 199.05- 294.65- 865.61- 613.48- 285.78
Profitability
EBIT-%
ROA5.4 %7.5 %8.7 %14.0 %13.2 %
ROE5.9 %8.2 %7.3 %14.8 %12.7 %
ROI5.7 %8.1 %9.7 %14.9 %13.3 %
Economic value added (EVA)-67.91-29.93-63.26-17.39-12.07
Solvency
Equity ratio92.4 %91.1 %89.1 %99.0 %98.2 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio2.12.64.949.623.6
Current ratio2.12.64.949.623.6
Cash and cash equivalents199.05294.65865.61613.48285.78
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:13.2%
Rating: 63/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:98.2%
Rating: 79/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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