RIDER BY HORSE ApS — Credit Rating and Financial Key Figures

CVR number: 31260930
Sønderballe Hoved 21, 6100 Haderslev
riderbyhorse@mail.dk
tel: 40858373

Credit rating

Company information

Official name
RIDER BY HORSE ApS
Personnel
1 person
Established
2008
Company form
Private limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About RIDER BY HORSE ApS

RIDER BY HORSE ApS (CVR number: 31260930) is a company from HADERSLEV. The company recorded a gross profit of 989.5 kDKK in 2023. The operating profit was 839.7 kDKK, while net earnings were 858.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 37.5 %, which can be considered excellent and Return on Equity (ROE) was 51.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 76.3 %, 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. RIDER BY HORSE ApS's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit534.001 733.33318.8392.19989.50
EBIT34.261 249.82- 164.23- 232.11839.67
Net earnings16.881 295.94- 136.11- 186.66858.33
Shareholders equity total223.801 519.751 383.641 196.982 130.30
Balance sheet total (assets)2 609.192 144.221 969.071 687.612 793.14
Net debt546.16-1 030.71- 911.76321.01117.39
Profitability
EBIT-%
ROA1.5 %52.6 %-8.0 %-12.7 %37.5 %
ROE2.2 %148.7 %-9.4 %-14.5 %51.6 %
ROI1.6 %55.6 %-8.7 %-13.3 %38.3 %
Economic value added (EVA)27.181 385.29- 131.24- 183.33807.75
Solvency
Equity ratio8.6 %70.9 %70.3 %70.9 %76.3 %
Gearing1035.2 %28.5 %31.3 %40.4 %27.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.82.62.60.81.0
Current ratio1.03.13.13.23.9
Cash and cash equivalents1 770.701 464.011 345.06162.29466.47
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBA

Variable visualization

ROA:37.5%
Rating: 88/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:76.3%
Rating: 57/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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