RITA FERRO ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About RITA FERRO ApS
RITA FERRO ApS (CVR number: 27571212) is a company from KØBENHAVN. The company recorded a gross profit of 480.9 kDKK in 2023. The operating profit was 30.5 kDKK, while net earnings were 9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.5 %, which can be considered weak and Return on Equity (ROE) was 2.4 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 33.4 %, 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. RITA FERRO ApS's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 480.70 | 609.89 | 772.94 | 627.23 | 480.94 |
EBIT | -92.90 | -55.39 | 211.01 | 72.22 | 30.46 |
Net earnings | -99.11 | -81.00 | 194.79 | 32.57 | 8.99 |
Shareholders equity total | 222.22 | 141.21 | 336.00 | 368.57 | 377.56 |
Balance sheet total (assets) | 1 392.04 | 1 301.06 | 1 454.71 | 1 285.42 | 1 131.36 |
Net debt | 37.01 | 13.11 | 79.90 | 275.18 | 100.51 |
Profitability | |||||
EBIT-% | |||||
ROA | -6.8 % | -4.1 % | 15.3 % | 5.3 % | 2.5 % |
ROE | -36.5 % | -44.6 % | 81.6 % | 9.2 % | 2.4 % |
ROI | -9.8 % | -6.8 % | 25.4 % | 8.1 % | 3.9 % |
Economic value added (EVA) | -94.92 | -40.68 | 235.72 | 60.33 | 14.60 |
Solvency | |||||
Equity ratio | 16.0 % | 10.9 % | 23.1 % | 28.7 % | 33.4 % |
Gearing | 305.7 % | 410.3 % | 179.5 % | 133.8 % | 87.4 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.6 | 0.6 | 0.5 | 0.4 | 0.5 |
Current ratio | 1.2 | 1.1 | 1.2 | 1.4 | 1.5 |
Cash and cash equivalents | 642.36 | 566.23 | 523.19 | 218.11 | 229.42 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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