Rina ApS — Credit Rating and Financial Key Figures

Rina ApS (CVR number: 37091782) is a company from KØBENHAVN. The company reported a net sales of 0.6 mDKK in 2020, demonstrating a growth of 33.3 % compared to the previous year. The operating profit percentage was at 8.6 % (EBIT: 0.1 mDKK), while net earnings were 54.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 40 %, which can be considered excellent and Return on Equity (ROE) was 99.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 36.2 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Rina ApS's liquidity measured by quick ratio was 0.3 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.