RIDDERHATTEN ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About RIDDERHATTEN ApS
RIDDERHATTEN ApS (CVR number: 34717540) is a company from ODENSE. The company reported a net sales of 1.4 mDKK in 2024, demonstrating a decline of -6 % compared to the previous year. The operating profit percentage was at 65.9 % (EBIT: 0.9 mDKK), while net earnings were 317.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.9 %, which can be considered weak and Return on Equity (ROE) was 2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 46 %, 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. RIDDERHATTEN ApS's liquidity measured by quick ratio was 3 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 1 730.78 | 1 639.20 | 1 672.49 | 1 478.70 | 1 389.95 |
Gross profit | 1 006.62 | 1 215.72 | 1 172.02 | 990.77 | 916.18 |
EBIT | 1 006.62 | 1 215.72 | 1 172.02 | 990.77 | 916.18 |
Net earnings | 874.04 | 1 372.00 | 1 157.48 | 1 034.71 | 317.09 |
Shareholders equity total | 12 402.19 | 13 774.18 | 14 931.66 | 15 962.46 | 16 279.55 |
Balance sheet total (assets) | 30 991.47 | 32 641.63 | 33 902.81 | 34 901.17 | 35 367.87 |
Net debt | 15 694.06 | 14 572.20 | 14 558.07 | 15 483.27 | 16 247.24 |
Profitability | |||||
EBIT-% | 58.2 % | 74.2 % | 70.1 % | 67.0 % | 65.9 % |
ROA | 3.6 % | 5.4 % | 4.5 % | 5.3 % | 2.9 % |
ROE | 7.3 % | 10.5 % | 8.1 % | 6.7 % | 2.0 % |
ROI | 3.7 % | 5.5 % | 4.5 % | 5.3 % | 2.9 % |
Economic value added (EVA) | - 598.81 | - 505.22 | - 605.77 | - 817.34 | - 844.05 |
Solvency | |||||
Equity ratio | 40.0 % | 42.2 % | 44.0 % | 45.7 % | 46.0 % |
Gearing | 142.6 % | 129.3 % | 120.9 % | 113.8 % | 113.5 % |
Relative net indebtedness % | 958.0 % | 953.4 % | 925.2 % | 1099.9 % | 1213.0 % |
Liquidity | |||||
Quick ratio | 2.3 | 2.8 | 3.0 | 3.2 | 3.0 |
Current ratio | 2.3 | 2.8 | 3.0 | 3.2 | 3.0 |
Cash and cash equivalents | 1 989.31 | 3 239.54 | 3 497.25 | 2 674.33 | 2 228.89 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 191.2 % | 204.5 % | 242.2 % | 479.4 % | 561.3 % |
Credit risk | |||||
Credit rating | AA | AA | AA | A | A |
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