TMG-RINGSTED EJENDOMME ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About TMG-RINGSTED EJENDOMME ApS
TMG-RINGSTED EJENDOMME ApS (CVR number: 26660041) is a company from RINGSTED. The company recorded a gross profit of 364.9 kDKK in 2023. The operating profit was -1696 kDKK, while net earnings were -981.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -9 %, which can be considered poor and Return on Equity (ROE) was -17.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 68.9 %, 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. TMG-RINGSTED EJENDOMME ApS's liquidity measured by quick ratio was 3.2 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 569.03 | 583.71 | 503.84 | 623.63 | 364.85 |
EBIT | 374.03 | 402.85 | 259.40 | 443.63 | -1 695.95 |
Net earnings | 299.36 | 265.22 | 165.34 | 218.64 | - 981.27 |
Shareholders equity total | 5 436.74 | 5 701.96 | 5 867.30 | 6 085.94 | 5 104.66 |
Balance sheet total (assets) | 11 590.34 | 12 701.51 | 12 535.80 | 12 429.89 | 7 422.53 |
Net debt | 3 304.14 | 4 469.65 | 4 098.18 | 3 849.66 | -2 908.36 |
Profitability | |||||
EBIT-% | |||||
ROA | 4.1 % | 3.6 % | 2.4 % | 3.6 % | -9.0 % |
ROE | 5.7 % | 4.8 % | 2.9 % | 3.7 % | -17.5 % |
ROI | 4.2 % | 3.7 % | 2.5 % | 3.7 % | -10.2 % |
Economic value added (EVA) | - 138.38 | - 112.44 | - 292.76 | - 139.85 | -2 130.63 |
Solvency | |||||
Equity ratio | 46.9 % | 45.0 % | 46.9 % | 49.0 % | 68.9 % |
Gearing | 75.8 % | 82.9 % | 75.4 % | 67.6 % | 11.3 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.9 | 1.0 | 0.8 | 0.6 | 3.2 |
Current ratio | 2.9 | 1.0 | 0.8 | 0.6 | 3.1 |
Cash and cash equivalents | 816.22 | 259.89 | 323.59 | 262.74 | 3 484.20 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | A | BBB |
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