Food By RD ApS — Credit Rating and Financial Key Figures

Food By RD ApS (CVR number: 39695987) is a company from VESTHIMMERLANDS. The company recorded a gross profit of 3546.9 kDKK in 2023. The operating profit was 169.8 kDKK, while net earnings were 131.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 9.6 %, which can be considered good but Return on Equity (ROE) was 43.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 22.1 %, 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. Food By RD ApS's liquidity measured by quick ratio was 1.8 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.