EJENDOMSSELSKABET RIGAS ApS

EJENDOMSSELSKABET RIGAS ApS (CVR number: 30721748) is a company from IKAST-BRANDE. The company recorded a gross profit of 483.4 kDKK in 2022. The operating profit was 833.4 kDKK, while net earnings were 592.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.1 %, which can be considered good but Return on Equity (ROE) was 23.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 38 %, 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. EJENDOMSSELSKABET RIGAS ApS's liquidity measured by quick ratio was 0.3 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.