RIT A/S — Credit Rating and Financial Key Figures

CVR number: 12001983
Lyshøjen 6, 8520 Lystrup
info@rit.dk
tel: 70222180
www.rit.dk

Company information

Official name
RIT A/S
Personnel
35 persons
Established
1988
Company form
Limited company
Industry

About RIT A/S

RIT A/S (CVR number: 12001983) is a company from AARHUS. The company recorded a gross profit of 28.2 mDKK in 2024. The operating profit was 4142 kDKK, while net earnings were 3179.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 26.8 %, which can be considered excellent and Return on Equity (ROE) was 75.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 32.9 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. RIT A/S's liquidity measured by quick ratio was 1.1 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 profit9 871.4014 057.1822 455.4725 599.2828 190.58
EBIT1 355.301 677.512 333.88638.694 141.97
Net earnings1 036.191 350.34911.36445.413 179.25
Shareholders equity total1 869.652 469.992 381.342 826.755 561.00
Balance sheet total (assets)9 057.789 561.5817 354.5014 148.0816 900.75
Net debt-4 122.89-3 819.682 604.26-1 236.10-4 757.16
Profitability
EBIT-%
ROA20.7 %19.1 %11.2 %4.3 %26.8 %
ROE76.7 %62.2 %37.6 %17.1 %75.8 %
ROI71.9 %64.8 %32.0 %13.2 %91.3 %
Economic value added (EVA)1 022.811 417.191 877.80613.713 150.10
Solvency
Equity ratio20.6 %25.8 %13.7 %20.0 %32.9 %
Gearing3.1 %1.4 %177.7 %14.8 %1.2 %
Relative net indebtedness %
Liquidity
Quick ratio1.21.10.60.81.1
Current ratio1.21.10.60.81.2
Cash and cash equivalents4 180.113 854.491 627.141 655.624 822.43
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAABBBA

Variable visualization

ROA:26.8%
Rating: 82/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:32.9%
Rating: 28/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Chief executive officer
Chairman of the board

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