RIBE BIOGAS A/S — Credit Rating and Financial Key Figures

RIBE BIOGAS A/S (CVR number: 12519184) is a company from ESBJERG. The company recorded a gross profit of 114.9 mDKK in 2023. The operating profit was 98.6 mDKK, while net earnings were 75.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was 70.9 %, which can be considered excellent and Return on Equity (ROE) was 95.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 62.5 %, 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 BIOGAS A/S's liquidity measured by quick ratio was 1.5 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.