RIOS TAGBOLIG A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About RIOS TAGBOLIG A/S
RIOS TAGBOLIG A/S (CVR number: 29613664) is a company from KØBENHAVN. The company recorded a gross profit of -66.3 kDKK in 2023. The operating profit was -66.3 kDKK, while net earnings were 44.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.5 %, which can be considered weak and Return on Equity (ROE) was 1.2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 99.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. RIOS TAGBOLIG A/S's liquidity measured by quick ratio was 137.7 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 | - 607.87 | -97.00 | -69.81 | - 538.79 | -66.28 |
EBIT | - 607.87 | -97.00 | -69.81 | - 538.79 | -66.28 |
Net earnings | - 365.61 | 37.61 | 60.76 | - 339.94 | 44.57 |
Shareholders equity total | 3 964.72 | 4 002.33 | 4 063.09 | 3 723.15 | 3 767.72 |
Balance sheet total (assets) | 7 733.23 | 7 921.95 | 8 186.40 | 3 738.36 | 3 795.29 |
Net debt | 3 715.41 | 3 843.35 | 4 066.82 | - 640.21 | - 371.81 |
Profitability | |||||
EBIT-% | |||||
ROA | -4.0 % | 2.6 % | 3.0 % | -3.1 % | 1.5 % |
ROE | -8.8 % | 0.9 % | 1.5 % | -8.7 % | 1.2 % |
ROI | -4.2 % | 2.6 % | 3.0 % | -3.1 % | 1.5 % |
Economic value added (EVA) | - 681.60 | - 273.67 | - 252.91 | - 623.07 | - 206.62 |
Solvency | |||||
Equity ratio | 51.3 % | 50.5 % | 49.6 % | 99.6 % | 99.3 % |
Gearing | 94.3 % | 97.4 % | 100.7 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.1 | 2.0 | 2.0 | 245.8 | 137.7 |
Current ratio | 2.1 | 2.0 | 2.0 | 245.8 | 137.7 |
Cash and cash equivalents | 25.04 | 53.19 | 26.65 | 640.21 | 371.81 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | B | B |
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