OVE RASMUSSEN EJENDOMME A/S — Credit Rating and Financial Key Figures

CVR number: 25349415
Skovsgårdvej 9, Skovsgård 9500 Hobro
tel: 98555222

Company information

Official name
OVE RASMUSSEN EJENDOMME A/S
Established
2000
Domicile
Skovsgård
Company form
Limited company
Industry

About OVE RASMUSSEN EJENDOMME A/S

OVE RASMUSSEN EJENDOMME A/S (CVR number: 25349415) is a company from MARIAGERFJORD. The company recorded a gross profit of 4078.3 kDKK in 2023. The operating profit was 1386.5 kDKK, while net earnings were 630.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.8 %, which can be considered weak and Return on Equity (ROE) was 1.1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 33.7 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. OVE RASMUSSEN EJENDOMME A/S's liquidity measured by quick ratio was 0.2 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit3 684.853 091.422 599.861 897.384 078.28
EBIT18 562.941 880.102 609.861 887.381 386.52
Net earnings13 359.25-1 517.922 099.142 712.09630.42
Shareholders equity total51 851.8950 333.9752 433.1155 145.1955 540.81
Balance sheet total (assets)162 321.71158 391.50158 551.89161 145.91165 044.07
Net debt81 944.0176 940.8574 070.6977 723.5779 415.04
Profitability
EBIT-%
ROA12.9 %0.2 %2.4 %2.9 %3.8 %
ROE29.6 %-3.0 %4.1 %5.0 %1.1 %
ROI13.9 %0.2 %2.6 %3.2 %3.1 %
Economic value added (EVA)10 492.26-2 865.54-2 070.17-2 722.46-2 665.11
Solvency
Equity ratio31.9 %31.8 %33.1 %34.2 %33.7 %
Gearing168.2 %166.0 %154.0 %151.7 %156.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.20.20.20.2
Current ratio0.20.20.20.20.2
Cash and cash equivalents5 290.176 621.416 682.035 931.807 427.52
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAA

Variable visualization

ROA:3.78%
Rating: 39/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:33.7%
Rating: 29/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member

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