RICE A/S — Credit Rating and Financial Key Figures

CVR number: 21093939
Havnegade 100 E, 5000 Odense C

Company information

Official name
RICE A/S
Personnel
34 persons
Established
1998
Company form
Limited company
Industry

About RICE A/S

RICE A/S (CVR number: 21093939) is a company from ODENSE. The company recorded a gross profit of 26.2 mDKK in 2024. The operating profit was 2628.5 kDKK, while net earnings were 2069.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.9 %, which can be considered decent and Return on Equity (ROE) was 7.6 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 67 %, 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. RICE A/S's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit22 374.5427 797.6025 025.7428 908.5026 154.39
EBIT3 661.208 635.472 995.344 246.852 628.49
Net earnings2 561.736 436.981 934.753 061.402 069.82
Shareholders equity total25 489.9428 926.9225 861.6727 423.0727 092.89
Balance sheet total (assets)33 410.0740 138.8442 366.3239 951.1840 411.18
Net debt-6 699.211 153.137 382.452 839.583 709.34
Profitability
EBIT-%
ROA11.4 %23.6 %7.6 %10.6 %6.9 %
ROE10.6 %23.7 %7.1 %11.5 %7.6 %
ROI14.4 %31.0 %9.5 %13.2 %8.9 %
Economic value added (EVA)1 542.715 426.19744.051 485.11443.46
Solvency
Equity ratio76.3 %72.1 %61.0 %68.6 %67.0 %
Gearing0.0 %4.6 %33.5 %12.8 %15.0 %
Relative net indebtedness %
Liquidity
Quick ratio2.41.40.71.00.9
Current ratio4.03.32.32.92.9
Cash and cash equivalents6 706.34177.881 275.26681.55365.22
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:6.95%
Rating: 48/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:67.0%
Rating: 51/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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