RIDGID SCANDINAVIA A/S — Credit Rating and Financial Key Figures

CVR number: 70699028
Drejergangen 3 C, 2690 Karlslunde
ridgid.scandinavia@emerson.com
tel: 80887355
www.ridgid.dk

Credit rating

Company information

Official name
RIDGID SCANDINAVIA A/S
Personnel
8 persons
Established
1964
Company form
Limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About RIDGID SCANDINAVIA A/S

RIDGID SCANDINAVIA A/S (CVR number: 70699028) is a company from GREVE. The company recorded a gross profit of 20.8 mDKK in 2024. The operating profit was 12.5 mDKK, while net earnings were 10.9 mDKK. The profitability of the company measured by Return on Assets (ROA) was 24.1 %, which can be considered excellent and Return on Equity (ROE) was 23 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 82.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. RIDGID SCANDINAVIA A/S's liquidity measured by quick ratio was 5.6 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit21 828.0019 183.0026 592.0023 383.0020 841.00
EBIT13 778.0011 685.0019 040.0014 351.0012 482.00
Net earnings10 693.008 929.0015 063.0011 852.0010 910.00
Shareholders equity total45 730.0054 659.0030 222.0042 074.0052 984.00
Balance sheet total (assets)64 435.0067 598.0042 837.0054 001.0063 948.00
Net debt7 513.007 024.005 998.005 958.005 145.00
Profitability
EBIT-%
ROA24.4 %17.8 %34.9 %31.6 %24.1 %
ROE26.5 %17.8 %35.5 %32.8 %23.0 %
ROI28.9 %20.4 %39.3 %36.4 %26.8 %
Economic value added (EVA)8 993.996 712.0312 335.759 662.727 549.62
Solvency
Equity ratio71.0 %80.9 %70.6 %77.9 %82.9 %
Gearing16.4 %12.9 %19.9 %14.2 %9.7 %
Relative net indebtedness %
Liquidity
Quick ratio3.35.13.24.45.6
Current ratio3.45.23.44.55.8
Cash and cash equivalents7.004.006.001.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBBBBABBB

Variable visualization

ROA:24.1%
Rating: 80/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:82.9%
Rating: 62/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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