RITTAS HOLDING ApS — Credit Rating and Financial Key Figures

RITTAS HOLDING ApS (CVR number: 62500719) is a company from BILLUND. The company recorded a gross profit of -7.7 kDKK in 2019. The operating profit was -7.7 kDKK, while net earnings were -4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.4 %, which can be considered weak but Return on Equity (ROE) was -0.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 69.2 %, 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. RITTAS HOLDING ApS's liquidity measured by quick ratio was 3.3 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.