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 149.9 kDKK in 2024. The operating profit was -0.4 kDKK, while net earnings were -36.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.5 %, which can be considered weak but Return on Equity (ROE) was -1.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 71.9 %, 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. 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit1 733.33318.8392.19989.50149.90
EBIT1 249.82- 164.23- 232.11839.67-0.39
Net earnings1 295.94- 136.11- 186.66858.33-36.83
Shareholders equity total1 519.751 383.641 196.982 130.302 093.47
Balance sheet total (assets)2 144.221 969.071 687.612 793.142 909.90
Net debt-1 030.71- 911.76321.01117.3956.21
Profitability
EBIT-%
ROA52.6 %-8.0 %-12.7 %37.5 %0.5 %
ROE148.7 %-9.4 %-14.5 %51.6 %-1.7 %
ROI55.6 %-8.7 %-13.3 %38.3 %0.6 %
Economic value added (EVA)1 385.29- 131.24- 183.33807.75-83.92
Solvency
Equity ratio70.9 %70.3 %70.9 %76.3 %71.9 %
Gearing28.5 %31.3 %40.4 %27.4 %30.8 %
Relative net indebtedness %
Liquidity
Quick ratio2.62.60.81.01.0
Current ratio3.13.13.23.93.3
Cash and cash equivalents1 464.011 345.06162.29466.47588.79
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:0.53%
Rating: 23/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:71.9%
Rating: 54/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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