AUTOFORUM. RINGKØBING A/S

CVR number: 10292883
Sjællandsgade 3, Rindum 6950 Ringkøbing
ringkoebing@toyota.dk
tel: 97324264

Credit rating

Company information

Official name
AUTOFORUM. RINGKØBING A/S
Established
1986
Domicile
Rindum
Company form
Limited company
Industry
  • Expand more icon45Wholesale and retail trade and repair of motor vehicles and motorcycles

About the company

AUTOFORUM. RINGKØBING A/S (CVR number: 10292883) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of 7660.5 kDKK in 2023. The operating profit was 4644.3 kDKK, while net earnings were 3501.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 19.5 %, which can be considered excellent and Return on Equity (ROE) was 24.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 66.3 %, 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. AUTOFORUM. RINGKØBING A/S's liquidity measured by quick ratio was 1.5 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
20192020202120222023
Volume
Net sales
Gross profit6 144.775 121.866 397.997 004.517 660.51
EBIT3 452.192 511.143 743.804 117.304 644.29
Net earnings2 532.091 778.222 933.363 187.303 501.62
Shareholders equity total8 900.3010 678.5212 111.8813 799.1815 300.81
Balance sheet total (assets)26 559.5425 544.1324 801.2625 083.7623 182.98
Net debt-2 455.00-8 016.75-8 334.75-5 629.99-4 521.41
Profitability
EBIT-%
ROA13.3 %9.7 %15.1 %16.6 %19.5 %
ROE33.2 %18.2 %25.7 %24.6 %24.1 %
ROI24.6 %17.2 %24.3 %25.1 %27.6 %
Economic value added (EVA)2 785.011 823.892 893.243 143.393 255.17
Solvency
Equity ratio33.6 %42.0 %49.1 %56.4 %66.3 %
Gearing43.1 %19.7 %21.7 %7.6 %3.8 %
Relative net indebtedness %
Liquidity
Quick ratio0.60.91.41.21.5
Current ratio1.72.02.22.53.6
Cash and cash equivalents6 292.0010 124.7710 957.866 673.815 107.90
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBAAA

Variable visualization

ROA:19.5%
Rating: 73/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:66.3%
Rating: 50/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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