Ragnhildgadefonden — Credit Rating and Financial Key Figures
Credit rating
Company information
About Ragnhildgadefonden
Ragnhildgadefonden (CVR number: 40766251) is a company from KØBENHAVN. The company reported a net sales of 2.1 mDKK in 2023, demonstrating a decline of -2.2 % compared to the previous year. The operating profit percentage was at 18.7 % (EBIT: 0.4 mDKK), while net earnings were 294.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.3 %, which can be considered good but Return on Equity (ROE) was 21.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 48.9 %, 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. Ragnhildgadefonden's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 1 597.09 | 1 622.39 | 1 702.97 | 2 098.28 | 2 052.48 |
Gross profit | 264.46 | -87.06 | 70.48 | - 467.16 | - 834.40 |
EBIT | -28.74 | 31.73 | - 204.42 | - 179.67 | 383.60 |
Net earnings | -22.41 | 24.75 | - 164.54 | - 101.49 | 294.20 |
Shareholders equity total | 476.50 | 501.25 | 336.70 | 1 214.03 | 1 508.23 |
Balance sheet total (assets) | 3 476.23 | 3 079.96 | 3 339.48 | 2 828.17 | 3 390.55 |
Net debt | - 832.10 | 70.17 | - 643.79 | - 700.44 | |
Profitability | |||||
EBIT-% | -1.8 % | 2.0 % | -12.0 % | -8.6 % | 18.7 % |
ROA | -1.1 % | 1.0 % | -6.4 % | -5.8 % | 12.3 % |
ROE | -4.6 % | 5.1 % | -39.3 % | -13.1 % | 21.6 % |
ROI | -4.6 % | 4.8 % | -36.2 % | -21.8 % | 27.3 % |
Economic value added (EVA) | -42.09 | 42.62 | - 184.63 | - 144.48 | 318.96 |
Solvency | |||||
Equity ratio | 14.9 % | 17.9 % | 11.0 % | 47.4 % | 48.9 % |
Gearing | 14.0 % | ||||
Relative net indebtedness % | 127.7 % | 150.6 % | 171.1 % | 46.2 % | 53.4 % |
Liquidity | |||||
Quick ratio | 1.0 | 0.6 | 0.7 | 1.0 | 1.4 |
Current ratio | 0.9 | 0.5 | 0.6 | 0.8 | 1.2 |
Cash and cash equivalents | 832.10 | 643.79 | 700.44 | ||
Capital use efficiency | |||||
Trade debtors turnover (days) | 159.4 | 213.9 | 169.8 | 72.3 | 77.1 |
Net working capital % | -17.5 % | -74.4 % | -67.6 % | -12.7 % | 14.1 % |
Credit risk | |||||
Credit rating | BB | BB | BB | BBB | BBB |
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