RISE TECH HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About RISE TECH HOLDING ApS
RISE TECH HOLDING ApS (CVR number: 32297889) is a company from HEDENSTED. The company recorded a gross profit of -159.5 kDKK in 2023. The operating profit was -331.9 kDKK, while net earnings were -509 kDKK. The profitability of the company measured by Return on Assets (ROA) was -9.7 %, which can be considered poor and Return on Equity (ROE) was -38.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 28.2 %, 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. RISE TECH HOLDING ApS's liquidity measured by quick ratio was 1.4 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 | 165.42 | 781.66 | 1 369.43 | 1 000.22 | - 159.54 |
EBIT | 152.78 | 449.35 | 937.31 | 647.22 | - 331.95 |
Net earnings | 118.54 | 343.52 | 748.61 | 386.05 | - 509.01 |
Shareholders equity total | 264.71 | 608.23 | 1 356.84 | 1 628.49 | 1 001.68 |
Balance sheet total (assets) | 388.29 | 819.58 | 1 671.37 | 2 476.22 | 3 553.03 |
Net debt | 82.57 | -99.93 | - 765.90 | - 141.56 | - 799.05 |
Profitability | |||||
EBIT-% | |||||
ROA | 46.9 % | 74.5 % | 77.6 % | 32.7 % | -9.7 % |
ROE | 57.7 % | 78.7 % | 76.2 % | 25.9 % | -38.7 % |
ROI | 51.4 % | 92.2 % | 94.4 % | 36.7 % | -12.2 % |
Economic value added (EVA) | 114.78 | 336.06 | 705.32 | 470.90 | - 382.37 |
Solvency | |||||
Equity ratio | 68.2 % | 74.2 % | 81.2 % | 65.8 % | 28.2 % |
Gearing | 34.7 % | 1.9 % | 5.3 % | 39.3 % | 156.2 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.6 | 3.6 | 5.1 | 1.9 | 1.4 |
Current ratio | 2.6 | 3.6 | 5.2 | 1.9 | 1.4 |
Cash and cash equivalents | 9.26 | 111.41 | 838.31 | 781.92 | 2 363.71 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | A | A | BBB |
Variable visualization
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