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RINGSTED FORSYNING A/S

CVR number: 29777373
Bragesvej 18, 4100 Ringsted
info@ringstedforsyning.dk
tel: 69898000
www.ringstedforsyning.dk

Credit rating

Company information

Official name
RINGSTED FORSYNING A/S
Established
2006
Company form
Limited company
Industry
  • Expand more icon70Activities of head offices; management consultancy activities

About the company

RINGSTED FORSYNING A/S (CVR number: 29777373K) is a company from RINGSTED. The company reported a net sales of 193.4 mDKK in 2022, demonstrating a growth of 1.5 % compared to the previous year. The operating profit percentage was poor at -2.7 % (EBIT: -5.3 mDKK), while net earnings were -12.2 mDKK. The profitability of the company measured by Return on Assets (ROA) was -0.2 %, which can be considered poor and Return on Equity (ROE) was -0.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 62 %, 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. RINGSTED FORSYNING A/S's liquidity measured by quick ratio was 0.4 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
20182019202020212022
Volume
Net sales162.73154.76137.58190.51193.44
Gross profit63.8657.8038.6679.7874.63
EBIT0.24-3.24-20.774.86-5.31
Net earnings176.151.15-0.12-1.23-12.18
Shareholders equity total1 539.851 541.001 540.881 539.641 532.92
Balance sheet total (assets)2 017.092 153.892 345.682 363.642 474.08
Net debt488.01571.67
Profitability
EBIT-%0.1 %-2.1 %-15.1 %2.6 %-2.7 %
ROA0.0 %-0.2 %-0.9 %0.2 %-0.2 %
ROE12.1 %0.1 %-0.0 %-0.1 %-0.8 %
ROI0.0 %-0.2 %-0.9 %0.2 %-0.2 %
Economic value added (EVA)-74.29-80.62-98.20-73.78- 104.22
Solvency
Equity ratio100.0 %100.0 %100.0 %65.1 %62.0 %
Gearing32.6 %38.1 %
Relative net indebtedness %398.4 %461.0 %
Liquidity
Quick ratio0.40.4
Current ratio0.40.4
Cash and cash equivalents14.2011.88
Capital use efficiency
Trade debtors turnover (days)40.175.2
Net working capital %-44.4 %-55.9 %
Credit risk
Credit ratingBBBBBBAA

Variable visualization

ROA:-0.21%
Rating: 20/100
-20%
0%
4%
11%
24%
60%
Equity ratio:62.0%
Rating: 48/100
-1%
21%
50%
81%
99%
100%

Roles

Chairman of the board
Chief executive officer
Board member

Companies in the same industry

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