RIRA A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About RIRA A/S
RIRA A/S (CVR number: 20707097) is a company from SKANDERBORG. The company recorded a gross profit of 190.6 kDKK in 2023. The operating profit was -135.6 kDKK, while net earnings were 38.4 mDKK. The profitability of the company measured by Return on Assets (ROA) was 32.4 %, which can be considered excellent and Return on Equity (ROE) was 60.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 46.1 %, 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. RIRA A/S'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.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 100.71 | 118.13 | 417.49 | 387.05 | 190.55 |
EBIT | 2.16 | 6.09 | 150.52 | 94.16 | - 135.56 |
Net earnings | 5 841.84 | 13 613.97 | - 942.16 | 22 434.66 | 38 437.95 |
Shareholders equity total | 9 410.20 | 23 024.17 | 22 082.01 | 44 516.67 | 82 954.63 |
Balance sheet total (assets) | 59 666.79 | 91 184.39 | 100 662.53 | 125 857.66 | 179 797.13 |
Net debt | -3 973.25 | -13 945.48 | -12 108.66 | -39 745.99 | -90 048.37 |
Profitability | |||||
EBIT-% | |||||
ROA | 9.9 % | 23.2 % | 5.7 % | 24.9 % | 32.4 % |
ROE | 90.0 % | 83.9 % | -4.2 % | 67.4 % | 60.3 % |
ROI | 9.9 % | 23.2 % | 5.7 % | 25.3 % | 34.6 % |
Economic value added (EVA) | 2 482.38 | 2 252.81 | 3 068.37 | 3 516.86 | 3 529.78 |
Solvency | |||||
Equity ratio | 15.8 % | 25.3 % | 21.9 % | 35.4 % | 46.1 % |
Gearing | 533.2 % | 295.4 % | 355.3 % | 173.2 % | 98.0 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.1 | 1.2 | 1.2 | 1.4 | 1.8 |
Current ratio | 1.1 | 1.2 | 1.2 | 1.4 | 1.8 |
Cash and cash equivalents | 54 146.46 | 81 959.47 | 90 569.45 | 116 857.69 | 171 343.60 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | A | A |
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