Ride 2018 ApS — Credit Rating and Financial Key Figures

CVR number: 39577771
Strandby Alle 1, 2650 Hvidovre
irfan949@hotmail.com
tel: 26899539

Credit rating

Company information

Official name
Ride 2018 ApS
Personnel
2 persons
Established
2018
Company form
Private limited company
Industry

About Ride 2018 ApS

Ride 2018 ApS (CVR number: 39577771) is a company from HVIDOVRE. The company recorded a gross profit of 343.3 kDKK in 2024. The operating profit was 1 kDKK, while net earnings were 0.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.8 %, which can be considered weak and Return on Equity (ROE) was 0.8 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 81.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Ride 2018 ApS's liquidity measured by quick ratio was 3.9 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit365.24332.15335.60360.36343.34
EBIT-3.875.7123.5715.990.98
Net earnings-3.875.3218.4012.490.78
Shareholders equity total56.4961.8180.2092.7093.48
Balance sheet total (assets)145.65180.92103.39138.75114.26
Net debt17.71-36.02-74.58- 108.21-79.73
Profitability
EBIT-%
ROA-2.6 %3.5 %16.6 %13.2 %0.8 %
ROE-9.9 %9.0 %25.9 %14.4 %0.8 %
ROI-3.0 %4.4 %21.5 %17.8 %1.0 %
Economic value added (EVA)-2.155.1620.6712.541.79
Solvency
Equity ratio38.8 %34.2 %77.6 %66.8 %81.8 %
Gearing125.8 %115.0 %8.2 %0.7 %0.7 %
Relative net indebtedness %
Liquidity
Quick ratio0.60.93.52.43.9
Current ratio0.60.93.52.43.9
Cash and cash equivalents53.39107.1181.20108.8280.35
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:0.77%
Rating: 24/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:81.8%
Rating: 61/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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