Ricardo Certification Denmark ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 8 787.00 | 9 726.00 | 8 259.46 | 6 639.57 | 3 843.94 |
EBIT | 514.00 | 2 160.00 | 1 870.20 | 1 063.56 | -1 000.88 |
Net earnings | 272.00 | 1 637.00 | 1 293.53 | 779.72 | -1 047.35 |
Shareholders equity total | 3 362.00 | 4 999.00 | 6 292.28 | 3 572.00 | 2 524.65 |
Balance sheet total (assets) | 10 860.00 | 11 165.00 | 11 188.57 | 8 166.95 | 6 578.68 |
Net debt | -4 463.00 | -4 376.00 | -7 584.05 | -5 001.71 | -2 250.69 |
Profitability | |||||
EBIT-% | |||||
ROA | 5.9 % | 19.8 % | 17.0 % | 11.9 % | -13.4 % |
ROE | 8.4 % | 39.2 % | 22.9 % | 15.8 % | -34.4 % |
ROI | 15.2 % | 45.0 % | 30.5 % | 20.7 % | -25.7 % |
Economic value added (EVA) | 382.67 | 1 770.08 | 1 434.92 | 948.04 | - 888.63 |
Solvency | |||||
Equity ratio | 31.0 % | 44.8 % | 56.2 % | 43.7 % | 38.4 % |
Gearing | 21.2 % | 12.2 % | 9.5 % | 18.3 % | 36.4 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.4 | 1.8 | 2.3 | 1.8 | 1.6 |
Current ratio | 1.4 | 1.8 | 2.3 | 1.8 | 1.6 |
Cash and cash equivalents | 5 175.00 | 4 986.00 | 8 180.98 | 5 654.09 | 3 169.36 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | A | BBB | BBB |
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