Rovsing Balance Sheet Health
Financial Health criteria checks 1/6
Rovsing has a total shareholder equity of DKK10.2M and total debt of DKK8.7M, which brings its debt-to-equity ratio to 85.4%. Its total assets and total liabilities are DKK35.3M and DKK25.2M respectively. Rovsing's EBIT is DKK964.0K making its interest coverage ratio 0.9. It has cash and short-term investments of DKK15.0K.
Key information
85.4%
Debt to equity ratio
DKK 8.70m
Debt
| Interest coverage ratio | 0.9x |
| Cash | DKK 15.00k |
| Equity | DKK 10.18m |
| Total liabilities | DKK 25.16m |
| Total assets | DKK 35.34m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RVY's short term assets (DKK18.0M) do not cover its short term liabilities (DKK20.0M).
Long Term Liabilities: RVY's short term assets (DKK18.0M) exceed its long term liabilities (DKK5.2M).
Debt to Equity History and Analysis
Debt Level: RVY's net debt to equity ratio (85.3%) is considered high.
Reducing Debt: RVY's debt to equity ratio has increased from 56.1% to 85.4% over the past 5 years.
Debt Coverage: RVY's debt is not well covered by operating cash flow (12.8%).
Interest Coverage: RVY's interest payments on its debt are not well covered by EBIT (0.9x coverage).