RIGGERNE ApS — Credit Rating and Financial Key Figures

CVR number: 32057012
Islandsvej 11 B, Tved 5700 Svendborg
fk@riggerne.com
tel: 65740625

Credit rating

Company information

Official name
RIGGERNE ApS
Personnel
4 persons
Established
2009
Domicile
Tved
Company form
Private limited company
Industry

About RIGGERNE ApS

RIGGERNE ApS (CVR number: 32057012) is a company from SVENDBORG. The company recorded a gross profit of 1210.5 kDKK in 2024. The operating profit was 123 kDKK, while net earnings were 21.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.4 %, which can be considered decent but Return on Equity (ROE) was 1.5 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 48.1 %, 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. RIGGERNE ApS's liquidity measured by quick ratio was 0.2 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit1 044.191 119.181 148.561 100.631 210.55
EBIT106.70241.159.41481.93123.04
Net earnings79.29188.162.49366.2321.56
Shareholders equity total829.351 017.511 020.001 386.221 407.79
Balance sheet total (assets)1 945.232 347.972 277.242 673.342 927.00
Net debt- 401.75- 477.61537.61410.07662.88
Profitability
EBIT-%
ROA6.7 %11.7 %0.7 %19.7 %4.4 %
ROE10.0 %20.4 %0.2 %30.4 %1.5 %
ROI13.4 %27.2 %1.2 %28.8 %6.3 %
Economic value added (EVA)43.03142.39-41.72296.52-3.91
Solvency
Equity ratio42.6 %43.3 %44.8 %51.9 %48.1 %
Gearing54.3 %31.0 %48.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.50.50.30.20.2
Current ratio1.71.71.82.01.9
Cash and cash equivalents401.75477.6116.1020.0814.02
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:4.40%
Rating: 41/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:48.1%
Rating: 39/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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