RIBboats Danmark ApS

RIBboats Danmark ApS (CVR number: 41245042) is a company from AALBORG. The company recorded a gross profit of 71.8 kDKK in 2023. The operating profit was 39 kDKK, while net earnings were 30.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.8 %, which can be considered good but Return on Equity (ROE) was 165.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 9 %, 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. RIBboats Danmark 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.