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
Personnel
53 persons
Established
2006
Company form
Limited company
Industry
  • Expand more icon70Activities of head offices; management consultancy activities

About RINGSTED FORSYNING A/S

RINGSTED FORSYNING A/S (CVR number: 29777373K) is a company from RINGSTED. The company reported a net sales of 199.1 mDKK in 2023, demonstrating a growth of 2.9 % compared to the previous year. The operating profit percentage was at 4.1 % (EBIT: 8.1 mDKK), while net earnings were -3729 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.3 %, which can be considered weak but Return on Equity (ROE) was -0.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 57.6 %, 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 FORSYNING A/S's liquidity measured by quick ratio was 0.1 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
20192020202120222023
Volume
Net sales154.76137.58190.51193.44199.05
Gross profit57.8038.6679.7874.6391.56
EBIT-3.24-20.774.46-5.318.12
Net earnings1.15-0.12-1.23-12.18-3.73
Shareholders equity total1 541.001 540.881 539.641 532.921 526.73
Balance sheet total (assets)2 153.892 345.682 363.642 474.082 650.32
Net debt571.67753.46
Profitability
EBIT-%-2.1 %-15.1 %2.3 %-2.7 %4.1 %
ROA-0.2 %-0.9 %0.2 %-0.2 %0.3 %
ROE0.1 %-0.0 %-0.1 %-0.8 %-0.2 %
ROI-0.2 %-0.9 %0.2 %-0.2 %0.4 %
Economic value added (EVA)-80.62-98.20-72.97-82.53-93.67
Solvency
Equity ratio100.0 %100.0 %100.0 %62.0 %57.6 %
Gearing38.1 %49.9 %
Relative net indebtedness %461.0 %545.5 %
Liquidity
Quick ratio0.40.1
Current ratio0.40.2
Cash and cash equivalents11.888.30
Capital use efficiency
Trade debtors turnover (days)75.221.8
Net working capital %-57.4 %-123.6 %
Credit risk
Credit ratingBBBBBBAA

Variable visualization

ROA:0.33%
Rating: 22/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:57.6%
Rating: 45/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Chief executive officer
Board member

Companies in the same industry

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