Riis Finans ApS — Credit Rating and Financial Key Figures

CVR number: 38402099
Europavej 17-19, Taulov 7000 Fredericia

Company information

Official name
Riis Finans ApS
Established
2016
Domicile
Taulov
Company form
Private limited company
Industry

About Riis Finans ApS

Riis Finans ApS (CVR number: 38402099) is a company from FREDERICIA. The company recorded a gross profit of -5.7 kDKK in 2023. The operating profit was -5.7 kDKK, while net earnings were 1880 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.4 %, which can be considered good and Return on Equity (ROE) was 11.4 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 99.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Riis Finans ApS's liquidity measured by quick ratio was 38.6 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-2.06-3.35-3.98-5.71
EBIT-2.06-3.35-3.98-5.71
Net earnings743.001 059.651 156.422 573.321 880.02
Shareholders equity total18 053.8719 330.9313 130.7415 589.6617 351.88
Balance sheet total (assets)18 072.6819 349.7413 270.9715 625.4717 398.82
Net debt14.81- 372.33- 513.36- 890.84-1 770.16
Profitability
EBIT-%
ROA4.2 %5.7 %7.1 %17.8 %11.4 %
ROE4.2 %5.7 %7.1 %17.9 %11.4 %
ROI4.2 %5.7 %7.1 %17.8 %11.4 %
Economic value added (EVA)85.51125.19168.723.07-3.91
Solvency
Equity ratio99.9 %99.9 %98.9 %99.8 %99.7 %
Gearing0.1 %0.1 %1.0 %0.2 %0.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.621.24.625.838.6
Current ratio0.621.24.625.838.6
Cash and cash equivalents387.14649.60922.651 813.04
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAA

Variable visualization

ROA:11.4%
Rating: 61/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.7%
Rating: 96/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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