RITECH Invest ApS — Credit Rating and Financial Key Figures

CVR number: 26654947
Forsythiavej 2, Rindum 6950 Ringkøbing
tel: 97325242

Credit rating

Company information

Official name
RITECH Invest ApS
Personnel
2 persons
Established
2002
Domicile
Rindum
Company form
Private limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About RITECH Invest ApS

RITECH Invest ApS (CVR number: 26654947) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of -54.9 kDKK in 2024. The operating profit was -797.9 kDKK, while net earnings were 415.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.4 %, which can be considered decent and Return on Equity (ROE) was 5.4 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 89.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. RITECH Invest ApS's liquidity measured by quick ratio was 14.2 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.

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 profit-35.70-10.14- 181.75- 107.04-54.91
EBIT- 429.68- 333.12- 504.73- 430.02- 797.89
Net earnings- 414.26552.40-1 013.43775.66415.80
Shareholders equity total7 127.367 679.766 666.337 441.997 857.79
Balance sheet total (assets)7 795.018 395.747 125.998 166.538 806.34
Net debt-4 936.52-5 674.72-4 540.33-5 816.07-6 828.12
Profitability
EBIT-%
ROA-3.1 %8.7 %5.5 %13.0 %6.4 %
ROE-5.6 %7.5 %-14.1 %11.0 %5.4 %
ROI-3.2 %9.0 %5.8 %13.6 %6.8 %
Economic value added (EVA)- 446.88- 369.33- 495.68- 407.34- 697.24
Solvency
Equity ratio91.4 %91.5 %93.5 %91.1 %89.2 %
Gearing0.6 %0.4 %0.0 %
Relative net indebtedness %
Liquidity
Quick ratio14.919.014.516.014.2
Current ratio14.919.014.516.014.2
Cash and cash equivalents4 978.255 704.694 541.045 816.076 828.12
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBABBBAA

Variable visualization

ROA:6.39%
Rating: 47/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:89.2%
Rating: 69/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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