Riding Water IVS

Riding Water IVS (CVR number: 39585197) is a company from ROSKILDE. The company reported a net sales of 0.1 mDKK in 2019, demonstrating a decline of -32 % compared to the previous year. The operating profit percentage was at 25.7 % (EBIT: 0 mDKK), while net earnings were 27 kDKK. The profitability of the company measured by Return on Assets (ROA) was 144.1 %, which can be considered excellent and Return on Equity (ROE) was 126 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 69.1 %, 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. Riding Water IVS's liquidity measured by quick ratio was 5.1 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.