Egil Rasmussen Horsens A/S — Credit Rating and Financial Key Figures

CVR number: 42255351
Langballe 6, 8700 Horsens
regnskab@er-horsens.dk
tel: 75921788

Company information

Official name
Egil Rasmussen Horsens A/S
Personnel
21 persons
Established
2021
Company form
Limited company
Industry

About Egil Rasmussen Horsens A/S

Egil Rasmussen Horsens A/S (CVR number: 42255351) is a company from HORSENS. The company recorded a gross profit of 9977.2 kDKK in 2023. The operating profit was 2572.8 kDKK, while net earnings were 2258.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 48.4 %, which can be considered excellent and Return on Equity (ROE) was 98.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 39.7 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Egil Rasmussen Horsens A/S's liquidity measured by quick ratio was 1.7 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
2021
2022
2023
Volume
Net sales
Gross profit851.616 206.159 977.25
EBIT247.71709.302 572.83
Net earnings191.34734.332 258.43
Shareholders equity total591.341 325.673 258.43
Balance sheet total (assets)2 428.663 822.508 202.87
Net debt-1 043.98- 205.83-2 697.07
Profitability
EBIT-%
ROA10.5 %30.2 %48.4 %
ROE32.4 %76.6 %98.5 %
ROI39.1 %81.0 %100.8 %
Economic value added (EVA)189.59578.341 957.46
Solvency
Equity ratio24.3 %34.7 %39.7 %
Gearing0.1 %7.3 %0.6 %
Relative net indebtedness %
Liquidity
Quick ratio1.31.51.7
Current ratio1.31.51.7
Cash and cash equivalents1 044.47302.362 715.82
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBA

Variable visualization

ROA:48.4%
Rating: 94/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:39.7%
Rating: 33/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Chief executive officer
Board member

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