ME-Ringkøbing A/S — Credit Rating and Financial Key Figures

CVR number: 15050586
M Erichsens Vej 2, 6950 Ringkøbing

Credit rating

Company information

Official name
ME-Ringkøbing A/S
Personnel
5 persons
Established
1991
Company form
Limited company
Industry
  • Expand more icon69Legal and accounting activities

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit9 249.789 617.909 240.097 307.96-18.54
EBIT2 355.222 268.222 311.157 273.55-18.54
Net earnings1 847.061 765.711 783.255 674.67137.26
Shareholders equity total2 880.923 146.633 429.887 604.561 741.81
Balance sheet total (assets)6 793.616 518.145 726.299 285.722 156.22
Net debt-3 132.64-3 156.75-3 393.62-8 124.39-1 784.46
Profitability
EBIT-%
ROA42.2 %34.1 %37.8 %96.9 %3.1 %
ROE68.2 %58.6 %54.2 %102.9 %2.9 %
ROI84.3 %70.4 %66.2 %126.0 %3.7 %
Economic value added (EVA)1 807.971 800.011 813.085 680.1615.72
Solvency
Equity ratio42.4 %48.3 %59.9 %81.9 %80.8 %
Gearing6.2 %7.6 %4.7 %1.0 %4.6 %
Relative net indebtedness %
Liquidity
Quick ratio1.92.12.793.521.7
Current ratio1.92.12.793.521.7
Cash and cash equivalents3 310.873 397.473 556.138 203.731 863.80
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAABBBB

Variable visualization

ROA:3.15%
Rating: 36/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:80.8%
Rating: 60/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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