RAZZ BOLIG ApS — Credit Rating and Financial Key Figures

CVR number: 31590663
Havnegade 40, 5500 Middelfart

Company information

Official name
RAZZ BOLIG ApS
Personnel
1 person
Established
2008
Company form
Private limited company
Industry

About RAZZ BOLIG ApS

RAZZ BOLIG ApS (CVR number: 31590663) is a company from MIDDELFART. The company recorded a gross profit of 1639.1 kDKK in 2023. The operating profit was 871.1 kDKK, while net earnings were 201.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.2 %, which can be considered weak and Return on Equity (ROE) was 1.7 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 69.1 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. RAZZ BOLIG ApS's liquidity measured by quick ratio was 0 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit1 230.891 418.051 361.111 041.781 639.09
EBIT192.51962.47850.61468.18871.12
Net earnings- 392.45411.62366.852.60201.84
Shareholders equity total4 167.954 579.574 946.434 949.0319 150.87
Balance sheet total (assets)16 290.8016 662.2715 861.6826 301.4127 733.16
Net debt10 539.319 649.449 661.1818 900.227 416.87
Profitability
EBIT-%
ROA1.1 %5.8 %5.2 %2.2 %3.2 %
ROE-9.0 %9.4 %7.7 %0.1 %1.7 %
ROI1.1 %6.0 %5.4 %2.3 %3.4 %
Economic value added (EVA)-96.79469.50426.52203.25345.22
Solvency
Equity ratio25.6 %27.5 %31.2 %18.9 %69.1 %
Gearing269.7 %238.6 %201.9 %381.9 %38.7 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.10.00.10.0
Current ratio0.10.10.00.10.0
Cash and cash equivalents700.501 278.91327.35
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAA

Variable visualization

ROA:3.22%
Rating: 36/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:69.1%
Rating: 52/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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