RIBE-ESBJERG HH A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About RIBE-ESBJERG HH A/S
RIBE-ESBJERG HH A/S (CVR number: 29604576) is a company from ESBJERG. The company reported a net sales of 20.7 mDKK in 2024, demonstrating a growth of 12.4 % compared to the previous year. The operating profit percentage was poor at -2.4 % (EBIT: -0.5 mDKK), while net earnings were -483.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -7.6 %, which can be considered poor and Return on Equity (ROE) was -22.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 63.8 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. RIBE-ESBJERG HH A/S's liquidity measured by quick ratio was 3.3 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 15 735.36 | 13 410.62 | 16 840.18 | 18 446.85 | 20 733.38 |
| Gross profit | 12 805.69 | 8 487.23 | 10 101.56 | 11 689.43 | 13 045.87 |
| EBIT | 1 068.26 | 196.53 | 23.60 | 32.27 | - 487.53 |
| Net earnings | 999.57 | 173.29 | 12.57 | 34.95 | - 483.42 |
| Shareholders equity total | 2 150.08 | 2 323.37 | 2 335.94 | 2 370.89 | 1 887.47 |
| Balance sheet total (assets) | 4 708.02 | 4 482.11 | 4 056.60 | 7 852.97 | 4 806.53 |
| Net debt | 267.41 | -1 333.03 | - 689.30 | - 963.50 | 429.49 |
| Profitability | |||||
| EBIT-% | 6.8 % | 1.5 % | 0.1 % | 0.2 % | -2.4 % |
| ROA | 16.4 % | 4.3 % | 0.6 % | 0.6 % | -7.6 % |
| ROE | 60.6 % | 7.7 % | 0.5 % | 1.5 % | -22.7 % |
| ROI | 28.1 % | 6.8 % | 0.8 % | 1.2 % | -17.4 % |
| Economic value added (EVA) | 826.63 | 55.83 | - 125.81 | - 117.77 | - 639.33 |
| Solvency | |||||
| Equity ratio | 62.8 % | 74.6 % | 77.9 % | 38.5 % | 63.8 % |
| Gearing | 30.2 % | 28.0 % | 27.8 % | 27.4 % | 34.4 % |
| Relative net indebtedness % | 13.8 % | 1.3 % | 2.3 % | 21.0 % | 13.0 % |
| Liquidity | |||||
| Quick ratio | 2.8 | 4.4 | 4.8 | 1.6 | 3.3 |
| Current ratio | 2.5 | 3.0 | 3.8 | 1.6 | 2.1 |
| Cash and cash equivalents | 382.59 | 1 983.03 | 1 339.30 | 1 613.50 | 220.51 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | 31.0 | 2.4 | 1.2 | 42.2 | 3.0 |
| Net working capital % | 17.8 % | 22.2 % | 17.7 % | 16.4 % | 12.2 % |
| Credit risk | |||||
| Credit rating | BBB | BBB | BBB | BBB | BBB |
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