RISE'S BRØD ApS — Credit Rating and Financial Key Figures

CVR number: 31170761
Hunderupvej 24, 5000 Odense C
tel: 66122523

Credit rating

Company information

Official name
RISE'S BRØD ApS
Personnel
33 persons
Established
2008
Company form
Private limited company
Industry
  • Expand more icon10Manufacture of food products

About RISE'S BRØD ApS

RISE'S BRØD ApS (CVR number: 31170761) is a company from ODENSE. The company recorded a gross profit of 6115.4 kDKK in 2022. The operating profit was 317.9 kDKK, while net earnings were 224.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.2 %, which can be considered decent but Return on Equity (ROE) was 12 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 47 %, 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. RISE'S BRØD ApS's liquidity measured by quick ratio was 0.6 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2018
2019
2020
2021
2022
Volume
Net sales
Gross profit4 813.844 565.845 296.775 648.196 115.35
EBIT389.69226.88698.5057.68317.85
Net earnings287.93168.83556.5544.22224.90
Shareholders equity total1 395.701 414.531 846.081 765.301 990.19
Balance sheet total (assets)3 694.964 291.284 341.144 549.884 233.58
Net debt828.52- 299.87- 191.151 041.35258.55
Profitability
EBIT-%
ROA10.8 %5.9 %16.3 %1.4 %7.2 %
ROE21.7 %12.0 %34.1 %2.4 %12.0 %
ROI16.8 %10.1 %30.3 %2.2 %10.6 %
Economic value added (EVA)241.56109.54520.00-11.64163.03
Solvency
Equity ratio37.8 %33.0 %42.5 %38.8 %47.0 %
Gearing63.2 %28.0 %21.5 %61.8 %26.7 %
Relative net indebtedness %
Liquidity
Quick ratio0.30.50.50.30.6
Current ratio0.40.50.60.40.7
Cash and cash equivalents53.75695.91588.4450.49272.15
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:7.24%
Rating: 49/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:47.0%
Rating: 38/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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