RACOFA CONSTRUCTION ApS — Credit Rating and Financial Key Figures

CVR number: 35385401
Laveskov Alle 309, 3050 Humlebæk

Company information

Official name
RACOFA CONSTRUCTION ApS
Personnel
1 person
Established
2013
Company form
Private limited company
Industry

About RACOFA CONSTRUCTION ApS

RACOFA CONSTRUCTION ApS (CVR number: 35385401) is a company from FREDENSBORG. The company recorded a gross profit of -28.4 kDKK in 2023. The operating profit was -333.4 kDKK, while net earnings were -260.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -53.9 %, which can be considered poor and Return on Equity (ROE) was -57 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -31.6 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. RACOFA CONSTRUCTION ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

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 profit909.10813.131 307.17807.67-28.36
EBIT500.10458.06936.66501.43- 333.42
Net earnings388.08355.19725.11389.15- 260.51
Shareholders equity total609.00564.20939.31628.45- 132.06
Balance sheet total (assets)937.26989.081 379.12819.31286.04
Net debt- 612.90- 213.00-82.38- 249.60153.50
Profitability
EBIT-%
ROA62.6 %47.6 %79.1 %45.6 %-53.9 %
ROE79.2 %60.6 %96.5 %49.6 %-57.0 %
ROI87.6 %72.3 %122.5 %62.9 %-69.1 %
Economic value added (EVA)391.72360.67711.64347.78- 279.54
Solvency
Equity ratio65.0 %57.0 %68.1 %76.7 %-31.6 %
Gearing11.8 %-245.0 %
Relative net indebtedness %
Liquidity
Quick ratio2.92.33.14.40.7
Current ratio2.92.33.14.40.7
Cash and cash equivalents684.98213.0082.38249.60170.09
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:-53.9%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-31.6%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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