Rydeberg Furniture ApS — Credit Rating and Financial Key Figures

Rydeberg Furniture ApS (CVR number: 38769227) is a company from MIDDELFART. The company recorded a gross profit of 178.3 kDKK in 2023. The operating profit was 48.7 kDKK, while net earnings were 36.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.1 %, which can be considered good and Return on Equity (ROE) was 12.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 39.5 %, 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. Rydeberg Furniture 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.