RUNGE & SØRENSEN EFTF. A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About RUNGE & SØRENSEN EFTF. A/S
RUNGE & SØRENSEN EFTF. A/S (CVR number: 32889239) is a company from KOLDING. The company recorded a gross profit of 0 kDKK in 2023, demonstrating a growth of 0 % compared to the previous year. The operating profit was 0 kDKK, while net earnings were -55.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0 %, which can be considered poor and Return on Equity (ROE) was -2.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 63.3 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. RUNGE & SØRENSEN EFTF. A/S's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 1 602.83 | 1 413.29 | 1 103.42 | 937.47 | |
Gross profit | - 190.89 | 131.92 | 261.51 | -78.87 | |
EBIT | - 190.89 | 131.92 | 163.55 | -78.87 | |
Net earnings | 56.00 | 75.55 | - 122.73 | -55.14 | |
Shareholders equity total | 1 810.93 | 2 166.93 | 2 405.17 | 2 303.75 | 2 366.16 |
Balance sheet total (assets) | 3 283.50 | 3 307.04 | 3 679.47 | 3 533.37 | 3 740.47 |
Net debt | 705.37 | - 239.17 | - 695.87 | - 248.89 | - 241.95 |
Profitability | |||||
EBIT-% | -11.9 % | 9.3 % | 14.8 % | -8.4 % | |
ROA | -0.5 % | 4.0 % | 4.7 % | -2.2 % | |
ROE | 2.8 % | 3.3 % | -5.2 % | -2.4 % | |
ROI | -0.6 % | 4.5 % | 5.0 % | -2.3 % | |
Economic value added (EVA) | - 128.03 | 91.29 | 164.15 | -24.07 | 46.48 |
Solvency | |||||
Equity ratio | 54.7 % | 65.5 % | 65.4 % | 65.2 % | 63.3 % |
Gearing | 52.6 % | 45.6 % | 42.6 % | 45.7 % | 45.9 % |
Relative net indebtedness % | 78.3 % | -6.2 % | -40.4 % | -7.7 % | |
Liquidity | |||||
Quick ratio | 0.3 | 1.6 | 1.8 | 1.4 | 1.4 |
Current ratio | 0.3 | 1.6 | 1.9 | 1.8 | 1.8 |
Cash and cash equivalents | 247.30 | 1 227.93 | 1 720.13 | 1 302.25 | 1 326.91 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 60.5 | 94.1 | 126.5 | 152.0 | |
Net working capital % | -64.6 % | 52.0 % | 99.0 % | 103.5 % | |
Credit risk | |||||
Credit rating | BBB | A | A | BBB | BBB |
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