RINGSTED OUTLET CENTER P/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About RINGSTED OUTLET CENTER P/S
RINGSTED OUTLET CENTER P/S (CVR number: 28498756) is a company from KØBENHAVN. The company recorded a gross profit of 18.8 mDKK in 2023. The operating profit was 2385 kDKK, while net earnings were -4046.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.7 %, which can be considered weak but Return on Equity (ROE) was -1.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 52.8 %, 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 OUTLET CENTER P/S's liquidity measured by quick ratio was 1.1 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 23.76 | 23.68 | 35.67 | ||
Gross profit | 17.42 | 73.05 | 78.09 | 20.43 | 18.81 |
EBIT | 16.11 | 71.32 | 76.62 | 2.52 | 2.38 |
Net earnings | 11.00 | 66.73 | 72.05 | -2.08 | -4.05 |
Shareholders equity total | 217.57 | 284.30 | 336.35 | 314.27 | 206.72 |
Balance sheet total (assets) | 299.78 | 368.74 | 422.83 | 398.83 | 391.63 |
Net debt | 70.77 | 56.92 | 61.88 | 64.66 | 144.64 |
Profitability | |||||
EBIT-% | 67.8 % | 301.2 % | 214.8 % | ||
ROA | 5.3 % | 21.3 % | 19.4 % | 0.6 % | 0.7 % |
ROE | 5.2 % | 26.6 % | 23.2 % | -0.6 % | -1.6 % |
ROI | 5.4 % | 22.0 % | 20.0 % | 0.6 % | 0.8 % |
Economic value added (EVA) | 1.35 | 56.73 | 58.64 | -18.05 | -17.08 |
Solvency | |||||
Equity ratio | 72.6 % | 77.2 % | 79.6 % | 78.8 % | 52.8 % |
Gearing | 33.4 % | 25.8 % | 21.7 % | 23.2 % | 78.0 % |
Relative net indebtedness % | 337.8 % | 287.2 % | 211.2 % | ||
Liquidity | |||||
Quick ratio | 0.1 | 0.3 | 0.2 | 0.2 | 1.1 |
Current ratio | 3.6 | 0.3 | 0.2 | 0.2 | 1.1 |
Cash and cash equivalents | 1.96 | 16.43 | 11.12 | 8.34 | 16.64 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 2.7 | 8.0 | 1.8 | ||
Net working capital % | 915.3 % | -251.7 % | -188.4 % | ||
Credit risk | |||||
Credit rating | A | AAA | AAA | A | A |
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