RIB Denmark A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About RIB Denmark A/S
RIB Denmark A/S (CVR number: 25126475) is a company from KØBENHAVN. The company recorded a gross profit of 35.9 mDKK in 2023. The operating profit was -1226.4 kDKK, while net earnings were -3154.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.3 %, which can be considered poor and Return on Equity (ROE) was -12.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 60.9 %, 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. RIB Denmark A/S's liquidity measured by quick ratio was 2.5 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 42 197.62 | 43 034.11 | 41 969.01 | 38 328.59 | 35 868.07 |
EBIT | 10 123.70 | 11 779.45 | 13 099.55 | 7 478.28 | -1 226.38 |
Net earnings | 8 198.27 | 8 851.18 | 9 795.01 | 4 544.30 | -3 154.46 |
Shareholders equity total | 11 545.98 | 20 397.16 | 23 060.18 | 27 604.48 | 24 450.01 |
Balance sheet total (assets) | 26 168.24 | 35 608.39 | 43 959.39 | 47 925.89 | 40 161.36 |
Net debt | -12 298.73 | -20 422.17 | -26 937.90 | -31 454.52 | -23 017.05 |
Profitability | |||||
EBIT-% | |||||
ROA | 28.9 % | 38.1 % | 33.2 % | 16.9 % | -2.3 % |
ROE | 36.7 % | 55.4 % | 45.1 % | 17.9 % | -12.1 % |
ROI | 45.1 % | 69.1 % | 58.8 % | 29.4 % | -3.7 % |
Economic value added (EVA) | 8 247.17 | 9 470.64 | 10 364.91 | 5 312.49 | - 560.33 |
Solvency | |||||
Equity ratio | 44.1 % | 57.3 % | 52.5 % | 57.6 % | 60.9 % |
Gearing | 2.2 % | 0.2 % | 0.5 % | 2.4 % | 2.0 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.6 | 2.2 | 2.0 | 2.3 | 2.5 |
Current ratio | 1.6 | 2.2 | 2.0 | 2.3 | 2.5 |
Cash and cash equivalents | 12 557.38 | 20 460.95 | 27 042.36 | 32 113.98 | 23 517.31 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | AA | A | A | AA | A |
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