SVEND ARNE FAST RASMUSSEN ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2016 | 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 | -50.10 | 28.56 |
Shareholders equity total | 380.10 | 308.20 | 233.61 | 183.51 | 212.07 |
Balance sheet total (assets) | 520.19 | 447.95 | 387.79 | 340.38 | 412.05 |
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 ratio | 73.1 % | 68.8 % | 60.2 % | 53.9 % | 51.5 % |
Gearing | 34.8 % | 43.7 % | 61.7 % | 79.4 % | 88.4 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 3.7 | 3.2 | 2.5 | 2.2 | 2.1 |
Current ratio | 3.7 | 3.2 | 2.5 | 2.2 | 2.1 |
Cash and cash equivalents | 512.01 | 435.19 | 380.97 | 338.91 | 412.05 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | B | B | BB |
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