Carsten Ridder ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Carsten Ridder ApS
Carsten Ridder ApS (CVR number: 39591278) is a company from SYDDJURS. The company recorded a gross profit of 242.1 kDKK in 2019. The operating profit was -35.4 kDKK, while net earnings were -37 kDKK. The profitability of the company measured by Return on Assets (ROA) was -28.8 %, which can be considered poor and Return on Equity (ROE) was -48.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 62.1 %, 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. Carsten Ridder ApS's liquidity measured by quick ratio was 1.8 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2018 | 2019 | |
|---|---|---|
| Volume | ||
| Net sales | ||
| Gross profit | 338.92 | 242.11 |
| EBIT | -28.81 | -35.42 |
| Net earnings | -30.32 | -37.03 |
| Shareholders equity total | 95.09 | 58.06 |
| Balance sheet total (assets) | 152.04 | 93.46 |
| Net debt | - 112.57 | -4.35 |
| Profitability | ||
| EBIT-% | ||
| ROA | -18.9 % | -28.8 % |
| ROE | -31.9 % | -48.4 % |
| ROI | -21.4 % | -34.0 % |
| Economic value added (EVA) | -28.81 | -28.77 |
| Solvency | ||
| Equity ratio | 62.5 % | 62.1 % |
| Gearing | 41.5 % | 25.6 % |
| Relative net indebtedness % | ||
| Liquidity | ||
| Quick ratio | 2.7 | 1.8 |
| Current ratio | 2.7 | 1.8 |
| Cash and cash equivalents | 152.04 | 19.22 |
| Capital use efficiency | ||
| Trade debtors turnover (days) | ||
| Net working capital % | ||
| Credit risk | ||
| Credit rating | B | BB |
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