ROCKWOOL Danmark A/S — Credit Rating and Financial Key Figures

CVR number: 42391719
Hovedgaden 501, Fløng 2640 Hedehusene
tel: 46591092

Credit rating

Company information

Official name
ROCKWOOL Danmark A/S
Personnel
540 persons
Established
1941
Domicile
Fløng
Company form
Limited company
Industry
  • Expand more icon23Manufacture of other non-metallic mineral products

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 financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
20192020202120222023
Volume
Net sales874.71940.871 016.991 416.241 119.17
Gross profit874.71940.871 016.99437.45412.22
EBIT1.1416.8110.8616.3319.18
Net earnings35.0321.2310.467.18-7.09
Shareholders equity total626.75647.98658.38665.57658.47
Balance sheet total (assets)1 077.251 043.741 270.351 464.501 412.54
Net debt488.65490.06
Profitability
EBIT-%0.1 %1.8 %1.1 %1.2 %1.7 %
ROA0.1 %1.6 %0.9 %1.3 %1.1 %
ROE5.7 %3.3 %1.6 %1.1 %-1.1 %
ROI0.1 %1.6 %0.9 %1.4 %1.3 %
Economic value added (EVA)-17.76-14.68-21.70-21.08-13.47
Solvency
Equity ratio100.0 %100.0 %100.0 %45.4 %46.6 %
Gearing74.5 %83.3 %
Relative net indebtedness %53.0 %58.9 %
Liquidity
Quick ratio0.60.5
Current ratio0.80.7
Cash and cash equivalents7.3058.43
Capital use efficiency
Trade debtors turnover (days)37.744.7
Net working capital %-9.3 %-16.4 %
Credit risk
Credit ratingBBBBBBBBBAAAAA

Variable visualization

ROA:1.10%
Rating: 25/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:46.6%
Rating: 38/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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