RASMUSSEN & SØNNER ApS — Credit Rating and Financial Key Figures

RASMUSSEN & SØNNER ApS (CVR number: 71006514) is a company from KØBENHAVN. The company recorded a gross profit of 3607.9 kDKK in 2023. The operating profit was 673.7 kDKK, while net earnings were 362.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.1 %, which can be considered good but Return on Equity (ROE) was 19.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 23.5 %, 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. RASMUSSEN & SØNNER ApS'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.