RIDGID SCANDINAVIA A/S

RIDGID SCANDINAVIA A/S (CVR number: 70699028) is a company from GREVE. The company recorded a gross profit of 23.4 mDKK in 2023. The operating profit was 14.4 mDKK, while net earnings were 11.9 mDKK. The profitability of the company measured by Return on Assets (ROA) was 31.6 %, which can be considered excellent and Return on Equity (ROE) was 32.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 77.9 %, 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. RIDGID SCANDINAVIA A/S's liquidity measured by quick ratio was 4.4 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.