RIIS HOLDING A/S — Credit Rating and Financial Key Figures

RIIS HOLDING A/S (CVR number: 20171979K) is a company from KOLDING. The company recorded a gross profit of 66.6 mDKK in 2022. The operating profit was 6370 kDKK, while net earnings were 3026 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.4 %, which can be considered decent and Return on Equity (ROE) was 7.5 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 18.3 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. RIIS HOLDING A/S's liquidity measured by quick ratio was 1.2 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.