RINGSTED FORSYNING A/S — Credit Rating and Financial Key Figures

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

Company information

Official name
RINGSTED FORSYNING A/S
Personnel
49 persons
Established
2006
Company form
Limited company
Industry

About RINGSTED FORSYNING A/S

RINGSTED FORSYNING A/S (CVR number: 29777373K) is a company from RINGSTED. The company reported a net sales of 242.7 mDKK in 2024, demonstrating a growth of 21.9 % compared to the previous year. The operating profit percentage was at 3.5 % (EBIT: 8.5 mDKK), while net earnings were -15.8 mDKK. 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 -1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 50.9 %, 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
2020
2021
2022
2023
2024
Volume
Net sales137.58190.51193.44199.05242.72
Gross profit38.6679.7874.6391.56115.94
EBIT-20.774.46-5.618.128.54
Net earnings-0.12-1.23-12.18-3.73-15.81
Shareholders equity total1 540.881 539.641 532.921 526.731 512.95
Balance sheet total (assets)2 345.682 363.642 474.082 650.322 974.32
Net debt753.461 120.87
Profitability
EBIT-%-15.1 %2.3 %-2.9 %4.1 %3.5 %
ROA-0.9 %0.2 %-0.2 %0.3 %0.3 %
ROE-0.0 %-0.1 %-0.8 %-0.2 %-1.0 %
ROI-0.9 %0.2 %-0.2 %0.3 %0.4 %
Economic value added (EVA)-98.20-72.97-82.98-69.56- 107.94
Solvency
Equity ratio100.0 %100.0 %100.0 %57.6 %50.9 %
Gearing49.9 %74.4 %
Relative net indebtedness %545.5 %595.1 %
Liquidity
Quick ratio0.10.1
Current ratio0.20.1
Cash and cash equivalents8.304.64
Capital use efficiency
Trade debtors turnover (days)21.812.8
Net working capital %-123.6 %-147.9 %
Credit risk
Credit ratingBBBBBBBBBAA

Variable visualization

ROA:0.31%
Rating: 22/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:50.9%
Rating: 41/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Chief executive officer
Board member

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