Riel Sikring ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Riel Sikring ApS
Riel Sikring ApS (CVR number: 36400536) is a company from VESTHIMMERLANDS. The company recorded a gross profit of 2402.8 kDKK in 2023. The operating profit was -154.2 kDKK, while net earnings were -185.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -5 %, which can be considered poor and Return on Equity (ROE) was -17.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 28.3 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Riel Sikring ApS's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -25.19 | 1 350.29 | 2 160.27 | 2 051.61 | 2 402.84 |
EBIT | -36.19 | 521.95 | 440.80 | -48.74 | - 154.17 |
Net earnings | -89.68 | 332.94 | 332.12 | -72.19 | - 185.05 |
Shareholders equity total | 552.26 | 885.19 | 1 217.32 | 1 145.13 | 960.08 |
Balance sheet total (assets) | 1 739.28 | 2 279.44 | 2 285.05 | 2 701.78 | 3 397.99 |
Net debt | 927.43 | 284.85 | 207.24 | 854.64 | 1 166.98 |
Profitability | |||||
EBIT-% | |||||
ROA | -5.1 % | 22.9 % | 19.3 % | -1.8 % | -5.0 % |
ROE | -15.0 % | 46.3 % | 31.6 % | -6.1 % | -17.6 % |
ROI | -5.8 % | 30.0 % | 29.3 % | -2.6 % | -7.5 % |
Economic value added (EVA) | -3.12 | 480.44 | 376.20 | - 101.76 | - 178.79 |
Solvency | |||||
Equity ratio | 31.8 % | 38.8 % | 53.3 % | 42.4 % | 28.3 % |
Gearing | 167.9 % | 77.5 % | 17.0 % | 74.6 % | 121.6 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.2 | 0.8 | 1.3 | 0.9 | 0.8 |
Current ratio | 0.5 | 1.1 | 2.0 | 1.6 | 1.3 |
Cash and cash equivalents | 401.20 | ||||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | A | A | BBB | BBB |
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