PRODUKTHANDLER JØRGEN RASMUSSEN A/S — Credit Rating and Financial Key Figures

CVR number: 26672589
Storebæltsvænget 24, 5500 Middelfart
tel: 64416130

Credit rating

Company information

Official name
PRODUKTHANDLER JØRGEN RASMUSSEN A/S
Personnel
6 persons
Established
2002
Company form
Limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About PRODUKTHANDLER JØRGEN RASMUSSEN A/S

PRODUKTHANDLER JØRGEN RASMUSSEN A/S (CVR number: 26672589) is a company from MIDDELFART. The company recorded a gross profit of 2986.5 kDKK in 2023. The operating profit was 1673.7 kDKK, while net earnings were 1477.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.7 %, which can be considered good and Return on Equity (ROE) was 8.6 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 87.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. PRODUKTHANDLER JØRGEN RASMUSSEN A/S's liquidity measured by quick ratio was 4.7 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit976.841 482.816 975.608 452.352 986.55
EBIT- 518.92532.885 932.347 015.391 673.69
Net earnings- 476.90697.254 661.965 428.721 477.31
Shareholders equity total9 347.419 934.0614 096.0218 024.7416 502.06
Balance sheet total (assets)12 073.9512 925.8918 686.7221 300.0918 919.26
Net debt-1 667.01-1 924.03-3 461.26-7 224.14-3 969.27
Profitability
EBIT-%
ROA-3.2 %5.1 %38.3 %35.8 %9.7 %
ROE-4.9 %7.2 %38.8 %33.8 %8.6 %
ROI-4.2 %6.6 %48.9 %43.5 %11.2 %
Economic value added (EVA)- 874.7931.004 204.514 867.81803.24
Solvency
Equity ratio77.4 %76.9 %75.4 %84.6 %87.2 %
Gearing4.6 %0.5 %
Relative net indebtedness %
Liquidity
Quick ratio2.12.62.74.34.7
Current ratio2.93.23.14.85.5
Cash and cash equivalents1 667.011 924.034 110.277 224.144 057.13
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAAAAAA

Variable visualization

ROA:9.70%
Rating: 56/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:87.2%
Rating: 67/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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