RIP LAN ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About RIP LAN ApS
RIP LAN ApS (CVR number: 36049448) is a company from KØBENHAVN. The company recorded a gross profit of 583 kDKK in 2020. The operating profit was -226.8 kDKK, while net earnings were -244 kDKK. The profitability of the company measured by Return on Assets (ROA) was -12.8 %, which can be considered poor and Return on Equity (ROE) was -25.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -46.8 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. RIP LAN ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2016 | 2017 | 2018 | 2019 | 2020 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 873.74 | 1 246.23 | 1 573.47 | 1 282.58 | 582.97 |
EBIT | 34.12 | - 228.32 | -65.63 | - 330.08 | - 226.76 |
Net earnings | 4.97 | - 235.14 | - 108.00 | - 328.43 | - 244.05 |
Shareholders equity total | -25.00 | - 260.12 | - 368.13 | - 696.55 | - 940.60 |
Balance sheet total (assets) | 1 542.19 | 1 128.65 | 1 098.23 | 826.55 | 1 069.91 |
Net debt | 1 081.02 | 1 173.61 | 1 309.61 | 1 335.34 | 1 635.60 |
Profitability | |||||
EBIT-% | |||||
ROA | 2.2 % | -15.3 % | -4.3 % | -22.1 % | -12.8 % |
ROE | 0.3 % | -17.6 % | -9.7 % | -34.1 % | -25.7 % |
ROI | 2.4 % | -16.1 % | -4.6 % | -23.7 % | -13.6 % |
Economic value added (EVA) | 24.23 | - 234.62 | -79.58 | - 343.18 | - 222.23 |
Solvency | |||||
Equity ratio | -1.6 % | -18.7 % | -25.1 % | -45.7 % | -46.8 % |
Gearing | -5846.2 % | -508.4 % | -371.4 % | -203.2 % | -203.2 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.6 | 0.5 | 0.7 | 0.7 | 0.6 |
Current ratio | 0.7 | 0.6 | 0.8 | 0.7 | 0.6 |
Cash and cash equivalents | 380.41 | 148.95 | 57.65 | 80.20 | 275.72 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BB | BBB |
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