Riga ApS

Riga ApS (CVR number: 37825646) is a company from RANDERS. The company reported a net sales of 1 mDKK in 2022, demonstrating a growth of 68.1 % compared to the previous year. The operating profit percentage was at 19.8 % (EBIT: 0.2 mDKK), while net earnings were 148.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 350.8 %, which can be considered excellent and Return on Equity (ROE) was 273.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 100 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Riga ApS's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.