Rasmus Group IVS

CVR number: 39778386
Nørrestrandsgade 16 B, 8700 Horsens
rasmusgivs@gmail.com

Credit rating

Company information

Official name
Rasmus Group IVS
Established
2018
Company form
Entrepreneurial limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About Rasmus Group IVS

Rasmus Group IVS (CVR number: 39778386) is a company from HORSENS. The company reported a net sales of 4.7 mDKK in 2019. The operating profit percentage was at 29.7 % (EBIT: 1.4 mDKK), while net earnings were 501.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 28.4 %, which can be considered excellent and Return on Equity (ROE) was 16.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 45.5 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Rasmus Group IVS's liquidity measured by quick ratio was 0.5 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
Volume
Net sales4 663.15
Gross profit4 663.15
EBIT1 386.59
Net earnings501.85
Shareholders equity total3 001.85
Balance sheet total (assets)6 603.06
Net debt2 636.56
Profitability
EBIT-%29.7 %
ROA28.4 %
ROE16.7 %
ROI15.7 %
Economic value added (EVA)1 048.72
Solvency
Equity ratio45.5 %
Gearing88.8 %
Relative net indebtedness %75.0 %
Liquidity
Quick ratio0.5
Current ratio1.6
Cash and cash equivalents30.21
Capital use efficiency
Trade debtors turnover (days)117.0
Net working capital %44.3 %
Credit risk
Credit ratingBBB

Variable visualization

ROA:28.4%
Rating: 82/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:45.5%
Rating: 37/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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