Ryds Bilglas A/S — Credit Rating and Financial Key Figures

Ryds Bilglas A/S (CVR number: 38138820) is a company from VIBORG. The company recorded a gross profit of 6634 kDKK in 2023. The operating profit was 6394.1 kDKK, while net earnings were 3885 kDKK. The profitability of the company measured by Return on Assets (ROA) was 60.6 %, which can be considered excellent and Return on Equity (ROE) was 42.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 66.2 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Ryds Bilglas A/S's liquidity measured by quick ratio was 3 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.