Riverty Denmark A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 28.74 | 35.77 | 33.65 | ||
Gross profit | 6.87 | 7.25 | 28.74 | 35.77 | 15.34 |
EBIT | 0.31 | 1.92 | 1.66 | 5.53 | 11.08 |
Net earnings | -0.64 | 0.25 | 0.02 | 0.57 | 0.86 |
Shareholders equity total | 19.30 | 18.26 | 18.28 | 18.85 | 47.71 |
Balance sheet total (assets) | 144.88 | 126.63 | 120.04 | 198.48 | 238.20 |
Net debt | 94.23 | 78.73 | 71.72 | 159.19 | 173.75 |
Profitability | |||||
EBIT-% | 5.8 % | 15.5 % | 32.9 % | ||
ROA | 0.2 % | 1.5 % | 1.4 % | 3.5 % | 5.1 % |
ROE | -3.3 % | 1.4 % | 0.1 % | 3.1 % | 2.6 % |
ROI | 0.2 % | 1.7 % | 1.6 % | 4.0 % | 5.4 % |
Economic value added (EVA) | -0.04 | 1.51 | 0.83 | 3.41 | 8.33 |
Solvency | |||||
Equity ratio | 13.3 % | 14.4 % | 15.2 % | 9.5 % | 20.0 % |
Gearing | 555.2 % | 503.5 % | 435.6 % | 883.4 % | 368.7 % |
Relative net indebtedness % | 326.6 % | 481.8 % | 559.8 % | ||
Liquidity | |||||
Quick ratio | 0.7 | 0.8 | 0.9 | 1.0 | 1.1 |
Current ratio | 0.7 | 0.8 | 0.9 | 1.0 | 1.1 |
Cash and cash equivalents | 12.91 | 13.20 | 7.89 | 7.30 | 2.13 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 929.9 | 1 611.0 | 2 126.4 | ||
Net working capital % | -49.0 % | -19.6 % | 81.3 % | ||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | A | BBB |
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