Rieck Advokater ApS — Credit Rating and Financial Key Figures

Rieck Advokater ApS (CVR number: 42529702) is a company from FAVRSKOV. The company recorded a gross profit of 1434.1 kDKK in 2023. The operating profit was 85.6 kDKK, while net earnings were 98.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.7 %, which can be considered weak but Return on Equity (ROE) was 25.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 5.3 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Rieck Advokater ApS's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.