Riis Property A/S — Credit Rating and Financial Key Figures

CVR number: 36985682
Gejlhavegård 31, 6000 Kolding

Company information

Official name
Riis Property A/S
Established
2015
Company form
Limited company
Industry

About Riis Property A/S

Riis Property A/S (CVR number: 36985682) is a company from KOLDING. The company recorded a gross profit of 4930 kDKK in 2023. The operating profit was 1600 kDKK, while net earnings were 448 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.6 %, which can be considered weak and Return on Equity (ROE) was 1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 41.8 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Riis Property A/S's liquidity measured by quick ratio was 2.1 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit6 719.007 903.008 087.006 872.004 930.00
EBIT4 232.004 314.004 908.003 874.001 600.00
Net earnings2 419.002 680.004 294.004 703.00448.00
Shareholders equity total33 181.0035 861.0040 155.0044 858.0045 306.00
Balance sheet total (assets)73 736.0087 852.0095 517.0093 392.00108 361.00
Net debt36 175.0049 312.0052 829.0046 571.0057 273.00
Profitability
EBIT-%
ROA5.6 %5.5 %7.3 %8.1 %2.6 %
ROE7.6 %7.8 %11.3 %11.1 %1.0 %
ROI5.8 %5.7 %7.5 %8.3 %2.6 %
Economic value added (EVA)-11.69221.33- 326.79-1 457.32-3 231.57
Solvency
Equity ratio45.0 %40.8 %42.0 %48.0 %41.8 %
Gearing110.0 %138.8 %131.8 %104.0 %134.1 %
Relative net indebtedness %
Liquidity
Quick ratio3.44.15.05.22.1
Current ratio3.44.15.05.22.1
Cash and cash equivalents310.00475.0080.0060.003 495.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAAA

Variable visualization

ROA:2.58%
Rating: 33/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:41.8%
Rating: 34/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board
Chief executive officer
Chief executive officer

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