RIES ApS MURERMESTER POUL RIES — Credit Rating and Financial Key Figures

CVR number: 21711586
Navervej 11, 6800 Varde
tel: 75225962

Company information

Official name
RIES ApS MURERMESTER POUL RIES
Personnel
1 person
Established
1999
Company form
Private limited company
Industry

About RIES ApS MURERMESTER POUL RIES

RIES ApS MURERMESTER POUL RIES (CVR number: 21711586) is a company from VARDE. The company recorded a gross profit of 0 kDKK in 2023. The operating profit was 73.2 kDKK, while net earnings were 56.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.8 %, which can be considered weak and Return on Equity (ROE) was 2.2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 95.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. RIES ApS MURERMESTER POUL RIES's liquidity measured by quick ratio was 23 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit
EBIT150.54136.84-49.7815.2673.20
Net earnings212.28103.28-22.268.2356.90
Shareholders equity total2 088.992 192.262 544.972 600.862 657.77
Balance sheet total (assets)2 971.512 830.432 738.092 693.522 778.41
Net debt-1 233.47-1 439.42- 630.24- 107.49- 168.74
Profitability
EBIT-%
ROA1.9 %4.7 %-2.5 %0.6 %2.8 %
ROE10.7 %4.8 %-0.9 %0.3 %2.2 %
ROI10.1 %5.7 %-1.3 %0.6 %2.9 %
Economic value added (EVA)93.3186.71-70.50-85.74-69.95
Solvency
Equity ratio70.3 %77.5 %92.9 %96.6 %95.7 %
Gearing21.9 %
Relative net indebtedness %
Liquidity
Quick ratio3.44.414.229.123.0
Current ratio3.44.414.229.123.0
Cash and cash equivalents1 690.411 439.42630.24107.49168.74
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:2.75%
Rating: 34/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:95.7%
Rating: 77/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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