RIBE-ESBJERG HH A/S — Credit Rating and Financial Key Figures

RIBE-ESBJERG HH A/S (CVR number: 29604576) is a company from ESBJERG. The company reported a net sales of 18.4 mDKK in 2023, demonstrating a growth of 9.5 % compared to the previous year. The operating profit percentage was at 0.2 % (EBIT: 0 mDKK), while net earnings were 35 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.6 %, which can be considered weak and Return on Equity (ROE) was 1.5 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 38.5 %, 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. RIBE-ESBJERG HH A/S's liquidity measured by quick ratio was 1.6 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.