K. B. RASMUSSEN HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About K. B. RASMUSSEN HOLDING A/S
K. B. RASMUSSEN HOLDING A/S (CVR number: 20926244) is a company from SKIVE. The company recorded a gross profit of -126.5 kDKK in 2023. The operating profit was -319.9 kDKK, while net earnings were -614.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.4 %, which can be considered poor and Return on Equity (ROE) was -3.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 99.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. K. B. RASMUSSEN HOLDING A/S's liquidity measured by quick ratio was 660.8 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -0.73 | -9.66 | - 123.12 | - 187.66 | - 126.48 |
EBIT | -0.73 | -9.66 | - 123.12 | - 187.66 | - 319.94 |
Net earnings | 742.80 | -2 347.31 | - 846.60 | 402.22 | - 614.18 |
Shareholders equity total | 21 215.30 | 18 763.99 | 17 813.38 | 17 665.60 | 13 701.43 |
Balance sheet total (assets) | 22 880.55 | 20 535.65 | 17 816.39 | 17 668.60 | 13 722.18 |
Net debt | 1 662.25 | 1 768.66 | - 487.37 | -4 079.36 | -12 946.37 |
Profitability | |||||
EBIT-% | |||||
ROA | 3.6 % | -10.5 % | -3.7 % | 2.3 % | -2.4 % |
ROE | 3.6 % | -11.7 % | -4.6 % | 2.3 % | -3.9 % |
ROI | 3.6 % | -10.6 % | -3.7 % | 2.3 % | -2.4 % |
Economic value added (EVA) | - 351.89 | - 323.02 | - 543.25 | - 763.51 | -1 002.65 |
Solvency | |||||
Equity ratio | 92.7 % | 91.4 % | 100.0 % | 100.0 % | 99.8 % |
Gearing | 7.8 % | 9.4 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 6.1 | 5.7 | 3 978.2 | 5 887.7 | 660.8 |
Current ratio | 6.1 | 5.7 | 3 978.2 | 5 887.7 | 660.8 |
Cash and cash equivalents | 487.37 | 4 079.36 | 12 946.37 | ||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | AA | BBB | A | BBB | A |
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