RIIS HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About RIIS HOLDING A/S
RIIS HOLDING A/S (CVR number: 20171979K) is a company from KOLDING. The company recorded a gross profit of 76.9 mDKK in 2023. The operating profit was 11.7 mDKK, while net earnings were 7431 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.4 %, which can be considered decent but Return on Equity (ROE) was 16.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 20.3 %, 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. 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.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 53 037.00 | 31 316.00 | 60 857.00 | 66 629.00 | 76 861.00 |
EBIT | -23 309.00 | -20 913.00 | 6 918.00 | 6 370.00 | 11 736.00 |
Net earnings | -18 621.00 | -17 989.00 | 8 256.00 | 3 026.00 | 7 431.00 |
Shareholders equity total | 48 816.00 | 30 877.00 | 38 933.00 | 41 542.00 | 49 216.00 |
Balance sheet total (assets) | 191 996.00 | 157 118.00 | 248 707.00 | 227 469.00 | 241 946.00 |
Net debt | 43 152.00 | 49 474.00 | |||
Profitability | |||||
EBIT-% | |||||
ROA | -10.7 % | -12.0 % | 3.4 % | 4.4 % | 6.4 % |
ROE | -31.9 % | -45.1 % | 23.7 % | 7.5 % | 16.4 % |
ROI | -14.9 % | -12.0 % | 3.4 % | 6.0 % | 13.4 % |
Economic value added (EVA) | -24 747.15 | -23 366.00 | 5 366.43 | 2 814.81 | 6 540.40 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 18.3 % | 20.3 % |
Gearing | 134.6 % | 136.6 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.2 | 1.2 | |||
Current ratio | 1.5 | 1.4 | |||
Cash and cash equivalents | 12 766.00 | 17 738.00 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | A | BBB | A |
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