RIIS IT Consult ApS — Credit Rating and Financial Key Figures

CVR number: 41505591
Thormodsvej 4, 7760 Hurup Thy

Credit rating

Company information

Official name
RIIS IT Consult ApS
Personnel
1 person
Established
2020
Company form
Private limited company
Industry

About RIIS IT Consult ApS

RIIS IT Consult ApS (CVR number: 41505591) is a company from THISTED. The company recorded a gross profit of 631.2 kDKK in 2023. The operating profit was 91.9 kDKK, while net earnings were 67 kDKK. The profitability of the company measured by Return on Assets (ROA) was 33 %, which can be considered excellent and Return on Equity (ROE) was 105.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 30.6 %, 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 IT Consult 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2021
2022
2023
Volume
Net sales
Gross profit718.94580.43631.23
EBIT-11.0929.1591.88
Net earnings-27.1617.2566.96
Shareholders equity total12.8430.0897.04
Balance sheet total (assets)219.33240.08316.92
Net debt101.9623.17-93.60
Profitability
EBIT-%
ROA-5.1 %12.7 %33.0 %
ROE-211.6 %80.4 %105.3 %
ROI-8.1 %22.4 %64.8 %
Economic value added (EVA)-9.3217.4070.58
Solvency
Equity ratio5.9 %12.5 %30.6 %
Gearing965.7 %310.6 %65.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.81.01.4
Current ratio0.81.01.4
Cash and cash equivalents21.9970.28156.91
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBB

Variable visualization

ROA:33.0%
Rating: 85/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:30.6%
Rating: 27/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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