Ragnhildgadefonden — Credit Rating and Financial Key Figures

CVR number: 40766251
Skindergade 23, 1159 København K

Credit rating

Company information

Official name
Ragnhildgadefonden
Established
2016
Industry

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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales1 597.091 622.391 702.972 098.282 052.48
Gross profit264.46-87.0670.48- 467.16- 834.40
EBIT-28.7431.73- 204.42- 179.67383.60
Net earnings-22.4124.75- 164.54- 101.49294.20
Shareholders equity total476.50501.25336.701 214.031 508.23
Balance sheet total (assets)3 476.233 079.963 339.482 828.173 390.55
Net debt- 832.1070.17- 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)-42.0942.62- 184.63- 144.48318.96
Solvency
Equity ratio14.9 %17.9 %11.0 %47.4 %48.9 %
Gearing14.0 %
Relative net indebtedness %127.7 %150.6 %171.1 %46.2 %53.4 %
Liquidity
Quick ratio1.00.60.71.01.4
Current ratio0.90.50.60.81.2
Cash and cash equivalents832.10643.79700.44
Capital use efficiency
Trade debtors turnover (days)159.4213.9169.872.377.1
Net working capital %-17.5 %-74.4 %-67.6 %-12.7 %14.1 %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:12.3%
Rating: 62/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:48.9%
Rating: 39/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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