RINA DENMARK ApS — Credit Rating and Financial Key Figures

CVR number: 29447675
Strandvejen 125, 2900 Hellerup
denmark.marine@rina.org
tel: 46322505

Company information

Official name
RINA DENMARK ApS
Personnel
15 persons
Established
2006
Company form
Private limited company
Industry

About RINA DENMARK ApS

RINA DENMARK ApS (CVR number: 29447675) is a company from KØBENHAVN. The company reported a net sales of 19.1 mDKK in 2024, demonstrating a growth of 13.1 % compared to the previous year. The operating profit percentage was at 5.1 % (EBIT: 1 mDKK), while net earnings were 850.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.9 %, which can be considered good and Return on Equity (ROE) was 11.7 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 58.5 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. RINA DENMARK ApS's liquidity measured by quick ratio was 2.5 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales21 031.7817 755.2617 662.4716 902.4419 117.36
Gross profit15 152.3811 885.1012 073.6111 430.3812 701.16
EBIT5 766.952 511.872 525.41571.86979.82
Net earnings4 408.681 884.571 935.52533.35850.19
Shareholders equity total5 493.197 377.779 313.299 846.644 696.82
Balance sheet total (assets)9 836.9111 123.0812 309.7813 039.048 037.05
Net debt-1 319.97- 285.74-1 717.82- 712.77217.41
Profitability
EBIT-%27.4 %14.1 %14.3 %3.4 %5.1 %
ROA61.0 %24.0 %21.6 %6.3 %10.9 %
ROE83.4 %29.3 %23.2 %5.6 %11.7 %
ROI87.3 %31.8 %25.4 %7.6 %15.1 %
Economic value added (EVA)4 195.941 645.681 566.89-72.94256.56
Solvency
Equity ratio55.8 %66.3 %75.7 %76.0 %58.5 %
Gearing11.8 %8.1 %2.4 %9.2 %
Relative net indebtedness %11.3 %16.1 %1.7 %13.3 %16.3 %
Liquidity
Quick ratio2.83.810.04.52.5
Current ratio2.83.810.04.52.6
Cash and cash equivalents1 970.55886.311 717.82948.01212.75
Capital use efficiency
Trade debtors turnover (days)29.937.138.926.536.5
Net working capital %29.9 %45.6 %62.3 %59.3 %25.5 %
Credit risk
Credit ratingAAAAAAAA

Variable visualization

ROA:10.9%
Rating: 60/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:58.5%
Rating: 45/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member

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