ME-Ringkøbing A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About ME-Ringkøbing A/S
ME-Ringkøbing A/S (CVR number: 15050586) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of -18.5 kDKK in 2024. The operating profit was -18.5 kDKK, while net earnings were 137.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.1 %, which can be considered weak and Return on Equity (ROE) was 2.9 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 80.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. ME-Ringkøbing A/S's liquidity measured by quick ratio was 21.7 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 9 249.78 | 9 617.90 | 9 240.09 | 7 307.96 | -18.54 |
EBIT | 2 355.22 | 2 268.22 | 2 311.15 | 7 273.55 | -18.54 |
Net earnings | 1 847.06 | 1 765.71 | 1 783.25 | 5 674.67 | 137.26 |
Shareholders equity total | 2 880.92 | 3 146.63 | 3 429.88 | 7 604.56 | 1 741.81 |
Balance sheet total (assets) | 6 793.61 | 6 518.14 | 5 726.29 | 9 285.72 | 2 156.22 |
Net debt | -3 132.64 | -3 156.75 | -3 393.62 | -8 124.39 | -1 784.46 |
Profitability | |||||
EBIT-% | |||||
ROA | 42.2 % | 34.1 % | 37.8 % | 96.9 % | 3.1 % |
ROE | 68.2 % | 58.6 % | 54.2 % | 102.9 % | 2.9 % |
ROI | 84.3 % | 70.4 % | 66.2 % | 126.0 % | 3.7 % |
Economic value added (EVA) | 1 807.97 | 1 800.01 | 1 813.08 | 5 680.16 | 15.72 |
Solvency | |||||
Equity ratio | 42.4 % | 48.3 % | 59.9 % | 81.9 % | 80.8 % |
Gearing | 6.2 % | 7.6 % | 4.7 % | 1.0 % | 4.6 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.9 | 2.1 | 2.7 | 93.5 | 21.7 |
Current ratio | 1.9 | 2.1 | 2.7 | 93.5 | 21.7 |
Cash and cash equivalents | 3 310.87 | 3 397.47 | 3 556.13 | 8 203.73 | 1 863.80 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | AA | AA | BB | BB |
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