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Riding Arena Robots ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Riding Arena Robots ApS
Riding Arena Robots ApS (CVR number: 41791098) is a company from AALBORG. The company recorded a gross profit of -87.8 kDKK in 2024. The operating profit was -87.8 kDKK, while net earnings were -458.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -5.3 %, which can be considered poor and Return on Equity (ROE) was -77.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 22.4 %, 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. Riding Arena Robots ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Volume | ||||
| Net sales | ||||
| Gross profit | -49.44 | - 290.81 | 31.65 | -87.83 |
| EBIT | -49.44 | -5 724.92 | 31.08 | -87.83 |
| Net earnings | -12.42 | -4 473.98 | 24.38 | - 458.60 |
| Shareholders equity total | 5 271.65 | 797.67 | 822.05 | 363.45 |
| Balance sheet total (assets) | 6 830.25 | 2 088.88 | 1 686.61 | 1 620.25 |
| Net debt | 67.45 | 333.92 | 847.49 | 854.02 |
| Profitability | ||||
| EBIT-% | ||||
| ROA | -0.7 % | -128.3 % | 1.7 % | -5.3 % |
| ROE | -0.2 % | -147.4 % | 3.0 % | -77.4 % |
| ROI | -0.7 % | -139.3 % | 2.0 % | -6.1 % |
| Economic value added (EVA) | -35.10 | -4 807.80 | -46.31 | - 146.26 |
| Solvency | ||||
| Equity ratio | 77.2 % | 38.2 % | 48.7 % | 22.4 % |
| Gearing | 8.4 % | 59.2 % | 103.1 % | 235.0 % |
| Relative net indebtedness % | ||||
| Liquidity | ||||
| Quick ratio | 31.6 | 1.8 | 2.0 | 1.3 |
| Current ratio | 31.6 | 1.8 | 2.0 | 1.3 |
| Cash and cash equivalents | 374.15 | 138.04 | 0.06 | 0.10 |
| Capital use efficiency | ||||
| Trade debtors turnover (days) | ||||
| Net working capital % | ||||
| Credit risk | ||||
| Credit rating | BBB | BB | BB | BB |
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