SVEND ARNE FAST RASMUSSEN ApS — Credit Rating and Financial Key Figures

CVR number: 71057615
Reberbanegade 3, 2300 København S
tel: 32574701

Credit rating

Company information

Official name
SVEND ARNE FAST RASMUSSEN ApS
Established
1982
Company form
Private limited company
Industry
  • Expand more icon47Retail trade, except of motor vehicles and motorcycles

About SVEND ARNE FAST RASMUSSEN ApS

SVEND ARNE FAST RASMUSSEN ApS (CVR number: 71057615) is a company from KØBENHAVN. The company recorded a gross profit of -17.3 kDKK in 2020. The operating profit was -39.1 kDKK, while net earnings were 28.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.5 %, which can be considered good and Return on Equity (ROE) was 14.4 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 51.5 %, 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. SVEND ARNE FAST RASMUSSEN ApS's liquidity measured by quick ratio was 2.1 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
2016
2017
2018
2019
2020
Volume
Net sales
Gross profit-15.00-7.00-17.50-15.75-17.31
EBIT-83.93-76.27-86.77-37.59-39.15
Net earnings-27.13-71.90-74.59-50.1028.56
Shareholders equity total380.10308.20233.61183.51212.07
Balance sheet total (assets)520.19447.95387.79340.38412.05
Net debt- 379.92- 300.43- 236.79- 193.28- 224.57
Profitability
EBIT-%
ROA-4.6 %-10.7 %-17.1 %-10.3 %8.5 %
ROE-7.1 %-20.9 %-27.5 %-24.0 %14.4 %
ROI-4.6 %-10.9 %-17.4 %-10.6 %8.8 %
Economic value added (EVA)-83.93-67.12-80.39-30.17-31.34
Solvency
Equity ratio73.1 %68.8 %60.2 %53.9 %51.5 %
Gearing34.8 %43.7 %61.7 %79.4 %88.4 %
Relative net indebtedness %
Liquidity
Quick ratio3.73.22.52.22.1
Current ratio3.73.22.52.22.1
Cash and cash equivalents512.01435.19380.97338.91412.05
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBB

Variable visualization

ROA:8.52%
Rating: 53/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:51.5%
Rating: 41/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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