RIRE ApS — Credit Rating and Financial Key Figures

CVR number: 29779783
H.C. Ørsteds Vej 23, 1879 Frederiksberg C
rene@rire.dk
tel: 36082800

Credit rating

Company information

Official name
RIRE ApS
Established
2006
Company form
Private limited company
Industry

About RIRE ApS

RIRE ApS (CVR number: 29779783) is a company from FREDERIKSBERG. The company recorded a gross profit of 53.7 kDKK in 2024. The operating profit was 5.7 kDKK, while net earnings were -828.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.6 %, which can be considered weak but Return on Equity (ROE) was -30.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 52.6 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. RIRE ApS's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

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 profit61.0058.0050.0052.0053.69
EBIT19.0010.002.004.005.72
Net earnings31.00-1 075.00-21.00-16.00- 828.31
Shareholders equity total4 207.003 132.003 110.003 094.002 265.73
Balance sheet total (assets)5 496.004 315.004 225.004 153.004 310.43
Net debt1 225.001 151.001 058.00916.001 889.18
Profitability
EBIT-%
ROA0.9 %-22.0 %0.5 %0.5 %0.6 %
ROE0.7 %-29.3 %-0.7 %-0.5 %-30.9 %
ROI0.9 %-22.1 %0.5 %0.5 %0.6 %
Economic value added (EVA)- 206.86- 217.27- 185.51- 179.91- 173.47
Solvency
Equity ratio76.5 %72.6 %73.6 %74.5 %52.6 %
Gearing29.5 %36.7 %34.0 %29.6 %83.4 %
Relative net indebtedness %
Liquidity
Quick ratio10.96.67.77.11.4
Current ratio10.96.67.77.11.4
Cash and cash equivalents17.001.02
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:0.59%
Rating: 23/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:52.6%
Rating: 42/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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