RARS ApS — Credit Rating and Financial Key Figures

CVR number: 42745170
Rosenvang 7 B, Hørby 9500 Hobro
kontakt@rars.dk
tel: 81987575
www.rars.dk
Free credit report

Company information

Official name
RARS ApS
Personnel
1 person
Established
2021
Domicile
Hørby
Company form
Private limited company
Industry

About RARS ApS

RARS ApS (CVR number: 42745170) is a company from MARIAGERFJORD. The company recorded a gross profit of 517.8 kDKK in 2023. The operating profit was -61.5 kDKK, while net earnings were -54.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -19.1 %, which can be considered poor and Return on Equity (ROE) was -27 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 77 %, 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. RARS ApS's liquidity measured by quick ratio was 4.4 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
2022
2023
Volume
Net sales
Gross profit1 004.53517.77
EBIT311.53-61.48
Net earnings239.46-54.84
Shareholders equity total289.46116.82
Balance sheet total (assets)486.96151.66
Net debt- 158.81- 101.94
Profitability
EBIT-%
ROA64.0 %-19.1 %
ROE82.7 %-27.0 %
ROI105.6 %-29.7 %
Economic value added (EVA)242.47-57.91
Solvency
Equity ratio59.4 %77.0 %
Gearing2.0 %
Relative net indebtedness %
Liquidity
Quick ratio3.24.4
Current ratio3.24.4
Cash and cash equivalents164.45101.94
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBB

Variable visualization

ROA:-19.1%
Rating: 1/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:77.0%
Rating: 57/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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