RICADAN ApS — Credit Rating and Financial Key Figures

CVR number: 71185028
Amaliegade 13 B, 1256 København K

Credit rating

Company information

Official name
RICADAN ApS
Personnel
2 persons
Established
1982
Company form
Private limited company
Industry

About RICADAN ApS

RICADAN ApS (CVR number: 71185028) is a company from KØBENHAVN. The company recorded a gross profit of 16.9 mDKK in 2023. The operating profit was 16.6 mDKK, while net earnings were 12.8 mDKK. The profitability of the company measured by Return on Assets (ROA) was 16.9 %, which can be considered excellent but Return on Equity (ROE) was 13.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 92.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. RICADAN ApS's liquidity measured by quick ratio was 13.9 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.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales2 666.0018 114.001 506.00
Gross profit1 755.0017 238.00841.002 378.0016 914.75
EBIT1 755.0017 238.00841.002 091.0016 608.53
Net earnings1 369.0013 396.00643.001 423.0012 765.80
Shareholders equity total70 508.0083 794.0084 324.0085 633.0098 280.42
Balance sheet total (assets)75 089.0091 588.0089 295.0090 318.00105 883.07
Net debt-69 860.00-85 811.00-82 926.00-85 050.00- 100 960.30
Profitability
EBIT-%65.8 %95.2 %55.8 %
ROA2.4 %20.7 %0.9 %2.3 %16.9 %
ROE2.0 %17.4 %0.8 %1.7 %13.9 %
ROI2.4 %21.2 %0.9 %2.3 %17.2 %
Economic value added (EVA)4 812.6817 088.875 165.606 000.9813 155.59
Solvency
Equity ratio93.9 %91.5 %94.4 %94.8 %92.8 %
Gearing5.7 %5.4 %5.8 %5.4 %4.3 %
Relative net indebtedness %-2598.3 %-455.8 %-5498.5 %
Liquidity
Quick ratio16.411.718.019.313.9
Current ratio16.411.718.019.313.9
Cash and cash equivalents73 851.0090 365.0087 779.0089 633.00105 228.77
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-117.9 %-31.0 %-209.1 %
Credit risk
Credit ratingAAAABBB

Variable visualization

ROA:16.9%
Rating: 69/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:92.8%
Rating: 73/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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