Rivald ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Rivald ApS
Rivald ApS (CVR number: 38306987) is a company from THISTED. The company recorded a gross profit of 522 kDKK in 2023. The operating profit was 11.8 kDKK, while net earnings were -6.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.4 %, which can be considered weak but Return on Equity (ROE) was -1.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 49.5 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Rivald ApS's liquidity measured by quick ratio was 0.6 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 | 318.22 | ||||
Gross profit | 89.57 | 119.89 | 260.60 | 432.09 | 521.96 |
EBIT | 89.57 | 116.41 | 249.38 | 36.28 | 11.85 |
Net earnings | 71.56 | 90.29 | 187.94 | 7.75 | -6.57 |
Shareholders equity total | 135.07 | 225.36 | 413.30 | 421.05 | 414.48 |
Balance sheet total (assets) | 215.16 | 338.75 | 627.62 | 817.66 | 837.52 |
Net debt | - 152.28 | - 209.54 | - 115.55 | - 147.74 | -18.63 |
Profitability | |||||
EBIT-% | 28.1 % | ||||
ROA | 60.7 % | 42.0 % | 51.7 % | 5.0 % | 1.4 % |
ROE | 72.1 % | 50.1 % | 58.9 % | 1.9 % | -1.6 % |
ROI | 90.2 % | 64.6 % | 64.4 % | 6.9 % | 2.5 % |
Economic value added (EVA) | 72.40 | 91.66 | 193.44 | 19.88 | 3.40 |
Solvency | |||||
Equity ratio | 62.8 % | 66.5 % | 65.9 % | 51.5 % | 49.5 % |
Gearing | 33.0 % | 18.1 % | 11.7 % | ||
Relative net indebtedness % | -22.7 % | ||||
Liquidity | |||||
Quick ratio | 2.5 | 1.9 | 1.3 | 0.8 | 0.6 |
Current ratio | 3.4 | 3.0 | 2.9 | 1.9 | 1.9 |
Cash and cash equivalents | 152.28 | 209.54 | 252.07 | 223.82 | 66.97 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 4.9 | ||||
Net working capital % | 48.0 % | ||||
Credit risk | |||||
Credit rating | BB | BB | BB | BBB | BBB |
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