Riverty Denmark A/S — Credit Rating and Financial Key Figures

CVR number: 34207291
Østbanegade 55, 2100 København Ø
tel: 70272795

Credit rating

Company information

Official name
Riverty Denmark A/S
Personnel
15 persons
Established
2012
Company form
Limited company
Industry

About Riverty Denmark A/S

Riverty Denmark A/S (CVR number: 34207291) is a company from KØBENHAVN. The company reported a net sales of 33.6 mDKK in 2023, demonstrating a decline of -5.9 % compared to the previous year. The operating profit percentage was at 32.9 % (EBIT: 11.1 mDKK), while net earnings were 859.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.1 %, which can be considered decent but Return on Equity (ROE) was 2.6 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 20 %, 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. Riverty Denmark A/S's liquidity measured by quick ratio was 1.1 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 financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales28.7435.7733.65
Gross profit6.877.2528.7435.7715.34
EBIT0.311.921.665.5311.08
Net earnings-0.640.250.020.570.86
Shareholders equity total19.3018.2618.2818.8547.71
Balance sheet total (assets)144.88126.63120.04198.48238.20
Net debt94.2378.7371.72159.19173.75
Profitability
EBIT-%5.8 %15.5 %32.9 %
ROA0.2 %1.5 %1.4 %3.5 %5.1 %
ROE-3.3 %1.4 %0.1 %3.1 %2.6 %
ROI0.2 %1.7 %1.6 %4.0 %5.4 %
Economic value added (EVA)-0.041.510.833.418.33
Solvency
Equity ratio13.3 %14.4 %15.2 %9.5 %20.0 %
Gearing555.2 %503.5 %435.6 %883.4 %368.7 %
Relative net indebtedness %326.6 %481.8 %559.8 %
Liquidity
Quick ratio0.70.80.91.01.1
Current ratio0.70.80.91.01.1
Cash and cash equivalents12.9113.207.897.302.13
Capital use efficiency
Trade debtors turnover (days)929.91 611.02 126.4
Net working capital %-49.0 %-19.6 %81.3 %
Credit risk
Credit ratingBBBBBBBBBABBB

Variable visualization

ROA:5.08%
Rating: 43/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:20.0%
Rating: 19/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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