RINGSTED SLAMSUGNING SERVICE ApS
Credit rating
Company information
About RINGSTED SLAMSUGNING SERVICE ApS
RINGSTED SLAMSUGNING SERVICE ApS (CVR number: 15010142) is a company from RINGSTED. The company reported a net sales of 19.5 mDKK in 2023, demonstrating a growth of 20.8 % compared to the previous year. The operating profit percentage was at 8.4 % (EBIT: 1.6 mDKK), while net earnings were 1203 kDKK. The profitability of the company measured by Return on Assets (ROA) was 20.6 %, which can be considered excellent and Return on Equity (ROE) was 28.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 57.7 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. RINGSTED SLAMSUGNING SERVICE ApS's liquidity measured by quick ratio was 1.7 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 16 148.12 | 19 509.73 | |||
Gross profit | 8 254.61 | 8 647.03 | 8 406.81 | 7 658.99 | 9 602.18 |
EBIT | 695.88 | 923.13 | 805.08 | 198.64 | 1 637.91 |
Net earnings | 423.70 | 620.34 | 522.08 | 27.31 | 1 202.99 |
Shareholders equity total | 4 278.77 | 4 199.11 | 4 121.19 | 3 648.49 | 4 851.49 |
Balance sheet total (assets) | 9 020.37 | 9 674.54 | 8 793.86 | 7 866.55 | 8 406.21 |
Net debt | 1 069.88 | 1 442.18 | 1 279.70 | 1 425.17 | 171.66 |
Profitability | |||||
EBIT-% | 1.2 % | 8.4 % | |||
ROA | 7.5 % | 10.0 % | 8.9 % | 2.4 % | 20.6 % |
ROE | 10.4 % | 14.6 % | 12.5 % | 0.7 % | 28.3 % |
ROI | 9.9 % | 13.6 % | 12.2 % | 3.4 % | 31.2 % |
Economic value added (EVA) | 336.10 | 496.15 | 395.57 | -65.88 | 1 073.24 |
Solvency | |||||
Equity ratio | 47.4 % | 43.4 % | 46.9 % | 46.4 % | 57.7 % |
Gearing | 25.1 % | 34.5 % | 31.1 % | 39.2 % | 4.0 % |
Relative net indebtedness % | 23.8 % | 16.7 % | |||
Liquidity | |||||
Quick ratio | 1.0 | 1.0 | 1.0 | 0.9 | 1.7 |
Current ratio | 1.0 | 1.0 | 1.0 | 0.9 | 1.7 |
Cash and cash equivalents | 3.01 | 5.96 | 3.42 | 3.42 | 21.04 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 55.9 | 52.2 | |||
Net working capital % | -2.3 % | 9.2 % | |||
Credit risk | |||||
Credit rating | A | A | A | BBB | A |
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