ROSSEN DENMARK ApS — Credit Rating and Financial Key Figures

CVR number: 15513578
Strandboulevarden 88 A, 2100 København Ø
rossen@rossen.com
tel: 40106090

Credit rating

Company information

Official name
ROSSEN DENMARK ApS
Established
1991
Company form
Private limited company
Industry

About ROSSEN DENMARK ApS

ROSSEN DENMARK ApS (CVR number: 15513578) is a company from KØBENHAVN. The company recorded a gross profit of 2245.4 kDKK in 2023. The operating profit was 2060.4 kDKK, while net earnings were 14.7 mDKK. The profitability of the company measured by Return on Assets (ROA) was 33.5 %, which can be considered excellent and Return on Equity (ROE) was 260.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 80.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. ROSSEN DENMARK ApS's liquidity measured by quick ratio was 0.4 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.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales62.00- 106.09-68.72
Gross profit- 568.97-2 302.12- 345.171 661.502 245.37
EBIT- 568.97-2 302.12- 345.171 451.052 060.43
Net earnings- 541.63-4 681.68-1 175.82- 149.7814 694.48
Shareholders equity total-2 292.15-6 973.83-8 149.65-8 299.436 395.04
Balance sheet total (assets)2 546.03732.105 001.624 873.547 979.11
Net debt4 550.477 206.089 929.7111 787.64- 326.77
Profitability
EBIT-%-917.7 %
ROA-12.6 %-36.7 %-14.7 %11.1 %33.5 %
ROE-21.8 %-285.6 %-41.0 %-3.0 %260.8 %
ROI-12.6 %-37.5 %-15.1 %11.7 %38.1 %
Economic value added (EVA)- 373.40-1 505.3798.941 667.072 427.63
Solvency
Equity ratio-47.4 %-90.5 %-62.0 %-63.0 %80.1 %
Gearing-210.6 %-106.9 %-158.3 %-143.1 %5.2 %
Relative net indebtedness %7355.6 %-7028.8 %-14814.6 %
Liquidity
Quick ratio0.40.10.30.10.4
Current ratio0.40.10.30.10.4
Cash and cash equivalents277.71248.992 970.7089.78657.19
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-4976.7 %6898.1 %17859.4 %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:33.5%
Rating: 85/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:80.1%
Rating: 59/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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