Credit rating
Company information
About RANK ApS
RANK ApS (CVR number: 37700746) is a company from EGEDAL. The company recorded a gross profit of -2 kDKK in 2019. The operating profit was -2 kDKK, while net earnings were 2.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.5 %, which can be considered decent but Return on Equity (ROE) was 8.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 79.9 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. RANK ApS's liquidity measured by quick ratio was 5 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 financials2016 | 2017 | 2018 | 2019 | |
---|---|---|---|---|
Volume | ||||
Net sales | ||||
Gross profit | 4.74 | -15.15 | -14.43 | -1.97 |
EBIT | 4.74 | -15.15 | -14.43 | -1.97 |
Net earnings | 3.17 | -15.43 | -14.60 | 2.37 |
Shareholders equity total | 55.40 | 39.97 | 25.38 | 27.75 |
Balance sheet total (assets) | 59.52 | 42.93 | 33.09 | 34.71 |
Net debt | -58.72 | -42.80 | -32.01 | -34.52 |
Profitability | ||||
EBIT-% | ||||
ROA | 8.0 % | -29.6 % | -38.0 % | 7.5 % |
ROE | 5.7 % | -32.3 % | -44.7 % | 8.9 % |
ROI | 8.6 % | -31.8 % | -44.2 % | 9.5 % |
Economic value added (EVA) | 4.74 | -14.98 | -14.29 | -1.64 |
Solvency | ||||
Equity ratio | 93.1 % | 93.1 % | 76.7 % | 79.9 % |
Gearing | ||||
Relative net indebtedness % | ||||
Liquidity | ||||
Quick ratio | 14.5 | 14.5 | 4.3 | 5.0 |
Current ratio | 14.5 | 14.5 | 4.3 | 5.0 |
Cash and cash equivalents | 58.72 | 42.80 | 32.01 | 34.52 |
Capital use efficiency | ||||
Trade debtors turnover (days) | ||||
Net working capital % | ||||
Credit risk | ||||
Credit rating | B | C | B | C |
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