ROCKWOOL Danmark A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About ROCKWOOL Danmark A/S
ROCKWOOL Danmark A/S (CVR number: 42391719) is a company from Høje-Taastrup. The company reported a net sales of 1119.2 mDKK in 2023, demonstrating a decline of -21 % compared to the previous year. The operating profit percentage was at 1.7 % (EBIT: 19.2 mDKK), while net earnings were -7094 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.1 %, which can be considered weak but Return on Equity (ROE) was -1.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 46.6 %, 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. ROCKWOOL Danmark A/S's liquidity measured by quick ratio was 0.5 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 874.71 | 940.87 | 1 016.99 | 1 416.24 | 1 119.17 |
Gross profit | 874.71 | 940.87 | 1 016.99 | 437.45 | 412.22 |
EBIT | 1.14 | 16.81 | 10.86 | 16.33 | 19.18 |
Net earnings | 35.03 | 21.23 | 10.46 | 7.18 | -7.09 |
Shareholders equity total | 626.75 | 647.98 | 658.38 | 665.57 | 658.47 |
Balance sheet total (assets) | 1 077.25 | 1 043.74 | 1 270.35 | 1 464.50 | 1 412.54 |
Net debt | 488.65 | 490.06 | |||
Profitability | |||||
EBIT-% | 0.1 % | 1.8 % | 1.1 % | 1.2 % | 1.7 % |
ROA | 0.1 % | 1.6 % | 0.9 % | 1.3 % | 1.1 % |
ROE | 5.7 % | 3.3 % | 1.6 % | 1.1 % | -1.1 % |
ROI | 0.1 % | 1.6 % | 0.9 % | 1.4 % | 1.3 % |
Economic value added (EVA) | -17.76 | -14.68 | -21.70 | -21.08 | -13.47 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 45.4 % | 46.6 % |
Gearing | 74.5 % | 83.3 % | |||
Relative net indebtedness % | 53.0 % | 58.9 % | |||
Liquidity | |||||
Quick ratio | 0.6 | 0.5 | |||
Current ratio | 0.8 | 0.7 | |||
Cash and cash equivalents | 7.30 | 58.43 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 37.7 | 44.7 | |||
Net working capital % | -9.3 % | -16.4 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | AAA | AA |
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