Rovsing Balance Sheet Health
Financial Health criteria checks 5/6
Rovsing has a total shareholder equity of DKK6.2M and total debt of DKK2.5M, which brings its debt-to-equity ratio to 40.1%. Its total assets and total liabilities are DKK31.5M and DKK25.2M respectively.
Key information
40.1%
Debt to equity ratio
kr.2.50m
Debt
Interest coverage ratio | n/a |
Cash | kr.881.00k |
Equity | kr.6.24m |
Total liabilities | kr.25.24m |
Total assets | kr.31.47m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ROV's short term assets (DKK14.9M) do not cover its short term liabilities (DKK22.6M).
Long Term Liabilities: ROV's short term assets (DKK14.9M) exceed its long term liabilities (DKK2.6M).
Debt to Equity History and Analysis
Debt Level: ROV's net debt to equity ratio (26%) is considered satisfactory.
Reducing Debt: ROV's debt to equity ratio has reduced from 66.8% to 40.1% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable ROV has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: ROV is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 41.6% per year.