RITZAUS BUREAU A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About RITZAUS BUREAU A/S
RITZAUS BUREAU A/S (CVR number: 34470359) is a company from KØBENHAVN. The company reported a net sales of 143.7 mDKK in 2024, demonstrating a growth of 1.6 % compared to the previous year. The operating profit percentage was at 2.3 % (EBIT: 3.3 mDKK), while net earnings were 9882 kDKK. The profitability of the company measured by Return on Assets (ROA) was 24.1 %, which can be considered excellent and Return on Equity (ROE) was 38.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 70.5 %, 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. RITZAUS BUREAU A/S's liquidity measured by quick ratio was 3.1 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.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 148.01 | 126.30 | 132.67 | 141.40 | 143.73 |
Gross profit | 102.12 | 146.19 | 86.94 | 93.73 | 90.33 |
EBIT | 8.26 | 54.81 | 3.97 | 6.08 | 3.31 |
Net earnings | 6.74 | 39.65 | 3.35 | 4.58 | 9.88 |
Shareholders equity total | 34.75 | 19.00 | 20.99 | 21.38 | 29.56 |
Balance sheet total (assets) | 65.20 | 40.37 | 41.70 | 41.54 | 49.43 |
Net debt | -25.67 | -10.98 | -7.19 | -10.54 | -29.08 |
Profitability | |||||
EBIT-% | 5.6 % | 43.4 % | 3.0 % | 4.3 % | 2.3 % |
ROA | 13.8 % | 101.9 % | 11.5 % | 15.3 % | 24.1 % |
ROE | 19.4 % | 147.5 % | 16.8 % | 21.6 % | 38.8 % |
ROI | 25.3 % | 193.1 % | 23.6 % | 29.9 % | 42.9 % |
Economic value added (EVA) | 6.33 | 42.84 | 3.16 | 4.79 | 2.50 |
Solvency | |||||
Equity ratio | 54.5 % | 48.2 % | 52.7 % | 53.6 % | 70.5 % |
Gearing | 0.5 % | 0.0 % | |||
Relative net indebtedness % | 3.2 % | 8.2 % | 10.2 % | 6.7 % | -6.5 % |
Liquidity | |||||
Quick ratio | 1.7 | 1.6 | 1.5 | 1.6 | 3.1 |
Current ratio | 1.6 | 1.5 | 1.3 | 1.4 | 1.9 |
Cash and cash equivalents | 25.67 | 11.07 | 7.19 | 10.55 | 29.08 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 12.4 | 14.1 | 9.2 | 8.5 | 16.7 |
Net working capital % | 8.6 % | 5.7 % | 3.3 % | 3.8 % | 12.8 % |
Credit risk | |||||
Credit rating | A | BBB | A | A | A |
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