RASMUS DEGN A/S

RASMUS DEGN A/S (CVR number: 75144814) is a company from KALUNDBORG. The company reported a net sales of 55.1 mDKK in 2023, demonstrating a growth of 0 % compared to the previous year. The operating profit percentage was at 3.2 % (EBIT: 1.8 mDKK), while net earnings were 926.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.8 %, which can be considered decent but Return on Equity (ROE) was 14.6 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 20.2 %, 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. RASMUS DEGN A/S's liquidity measured by quick ratio was 0.3 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.