RHB DEVELOPMENT ApS — Credit Rating and Financial Key Figures

CVR number: 33637241
Søndergade 2, 5560 Aarup

Company information

Official name
RHB DEVELOPMENT ApS
Personnel
6 persons
Established
2011
Company form
Private limited company
Industry

About RHB DEVELOPMENT ApS

RHB DEVELOPMENT ApS (CVR number: 33637241K) is a company from ASSENS. The company recorded a gross profit of 5749 kDKK in 2022. The operating profit was -2745 kDKK, while net earnings were 2823 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.2 %, which can be considered decent but Return on Equity (ROE) was 2.8 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 85.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. RHB DEVELOPMENT ApS's liquidity measured by quick ratio was 7.7 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
2018
2019
2020
2021
2022
Volume
Net sales
Gross profit47 305.0022 805.005 192.00- 539.005 749.00
EBIT37 585.0013 408.00-4 996.00-9 830.00-2 745.00
Net earnings43 517.008 467.00-18 451.0011 012.002 823.00
Shareholders equity total120 120.00128 151.0089 346.00100 308.00103 197.00
Balance sheet total (assets)166 477.00184 906.00121 109.00131 894.00121 187.00
Net debt-64 513.00-76 177.00-30 155.00-11 027.00-49 201.00
Profitability
EBIT-%
ROA16.5 %8.5 %-12.6 %9.1 %7.2 %
ROE44.2 %6.8 %-17.0 %11.6 %2.8 %
ROI19.5 %9.9 %-14.9 %10.1 %8.1 %
Economic value added (EVA)29 107.76433.42-12 031.50-14 933.00-7 921.66
Solvency
Equity ratio72.2 %69.3 %73.8 %76.1 %85.2 %
Gearing12.1 %10.8 %14.5 %17.4 %0.0 %
Relative net indebtedness %
Liquidity
Quick ratio4.83.04.85.57.7
Current ratio6.34.06.76.57.7
Cash and cash equivalents79 060.0089 996.0043 112.0028 479.0049 229.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBBBBA

Variable visualization

ROA:7.18%
Rating: 49/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:85.2%
Rating: 65/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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