R-I-D HUSET ApS — Credit Rating and Financial Key Figures

CVR number: 32093191
Erhvervsvej 2, 8721 Daugård

Credit rating

Company information

Official name
R-I-D HUSET ApS
Established
2009
Company form
Private limited company
Industry

About R-I-D HUSET ApS

R-I-D HUSET ApS (CVR number: 32093191) is a company from HEDENSTED. The company recorded a gross profit of 176.9 kDKK in 2024. The operating profit was 82.5 kDKK, while net earnings were -22.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.6 %, which can be considered weak but Return on Equity (ROE) was -4.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 16.1 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. R-I-D HUSET ApS's liquidity measured by quick ratio was 1.3 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.

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 profit204.19216.07215.89218.48176.87
EBIT94.54117.68120.48124.1582.54
Net earnings-30.0640.4044.8715.36-22.61
Shareholders equity total430.23470.64515.51530.87508.26
Balance sheet total (assets)3 413.253 342.773 248.243 206.473 162.79
Net debt2 714.832 584.252 460.422 359.222 255.90
Profitability
EBIT-%
ROA2.7 %3.5 %3.7 %3.8 %2.6 %
ROE-6.8 %9.0 %9.1 %2.9 %-4.4 %
ROI2.8 %3.5 %3.7 %3.9 %2.6 %
Economic value added (EVA)-22.85-2.322.986.164.76
Solvency
Equity ratio12.6 %14.1 %15.9 %16.6 %16.1 %
Gearing644.1 %567.0 %493.8 %468.6 %478.6 %
Relative net indebtedness %
Liquidity
Quick ratio0.40.60.81.31.3
Current ratio0.40.60.81.31.3
Cash and cash equivalents56.1284.4885.07128.58176.41
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:2.59%
Rating: 33/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:16.1%
Rating: 16/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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