Ricardo Certification Denmark ApS — Credit Rating and Financial Key Figures

CVR number: 36893885
Høffdingsvej 34, 2500 Valby
Louise.Hopkinson@ricardo.com
tel: 25666501
rail.ricardo.com

Credit rating

Company information

Official name
Ricardo Certification Denmark ApS
Personnel
4 persons
Established
2015
Company form
Private limited company
Industry
  • Expand more icon71Architectural and engineering activities; technical testing and analysis

About Ricardo Certification Denmark ApS

Ricardo Certification Denmark ApS (CVR number: 36893885) is a company from KØBENHAVN. The company recorded a gross profit of 3843.9 kDKK in 2023. The operating profit was -1000.9 kDKK, while net earnings were -1047.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -13.4 %, which can be considered poor and Return on Equity (ROE) was -34.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 38.4 %, 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. Ricardo Certification Denmark ApS's liquidity measured by quick ratio was 1.6 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
20192020202120222023
Volume
Net sales
Gross profit8 787.009 726.008 259.466 639.573 843.94
EBIT514.002 160.001 870.201 063.56-1 000.88
Net earnings272.001 637.001 293.53779.72-1 047.35
Shareholders equity total3 362.004 999.006 292.283 572.002 524.65
Balance sheet total (assets)10 860.0011 165.0011 188.578 166.956 578.68
Net debt-4 463.00-4 376.00-7 584.05-5 001.71-2 250.69
Profitability
EBIT-%
ROA5.9 %19.8 %17.0 %11.9 %-13.4 %
ROE8.4 %39.2 %22.9 %15.8 %-34.4 %
ROI15.2 %45.0 %30.5 %20.7 %-25.7 %
Economic value added (EVA)382.671 770.081 434.92948.04- 888.63
Solvency
Equity ratio31.0 %44.8 %56.2 %43.7 %38.4 %
Gearing21.2 %12.2 %9.5 %18.3 %36.4 %
Relative net indebtedness %
Liquidity
Quick ratio1.41.82.31.81.6
Current ratio1.41.82.31.81.6
Cash and cash equivalents5 175.004 986.008 180.985 654.093 169.36
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBABBBBBB

Variable visualization

ROA:-13.4%
Rating: 7/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:38.4%
Rating: 32/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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