RINGVEJENS AUTOLAKERERI A/S

CVR number: 21138398
Stagehøjvej 17, 8600 Silkeborg
herm@herm.dk
tel: 87205353
www.herm.dk

Credit rating

Company information

Official name
RINGVEJENS AUTOLAKERERI A/S
Personnel
20 persons
Established
1998
Company form
Limited company
Industry
  • Expand more icon45Wholesale and retail trade and repair of motor vehicles and motorcycles

About RINGVEJENS AUTOLAKERERI A/S

RINGVEJENS AUTOLAKERERI A/S (CVR number: 21138398) is a company from SILKEBORG. The company recorded a gross profit of 11.8 mDKK in 2023. The operating profit was 2809.2 kDKK, while net earnings were 2179.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 41.9 %, which can be considered excellent and Return on Equity (ROE) was 76.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 45.2 %, 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. RINGVEJENS AUTOLAKERERI A/S's liquidity measured by quick ratio was 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit9 342.897 980.318 252.249 369.8311 750.53
EBIT1 188.59892.76878.761 627.842 809.20
Net earnings924.84692.54674.521 259.102 179.20
Shareholders equity total1 955.461 748.001 722.522 306.623 385.82
Balance sheet total (assets)4 843.024 662.863 952.635 169.198 243.29
Net debt300.34-81.86-7.96-93.2998.70
Profitability
EBIT-%
ROA27.1 %18.8 %20.4 %35.7 %41.9 %
ROE51.6 %37.4 %38.9 %62.5 %76.6 %
ROI60.9 %44.4 %50.3 %80.2 %96.3 %
Economic value added (EVA)851.57597.18601.521 182.932 078.47
Solvency
Equity ratio40.8 %37.9 %43.8 %44.6 %45.2 %
Gearing15.7 %2.9 %
Relative net indebtedness %
Liquidity
Quick ratio1.61.81.81.82.0
Current ratio1.71.91.91.91.8
Cash and cash equivalents6.0681.867.9693.29
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:41.9%
Rating: 90/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:45.2%
Rating: 37/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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