RINGSTED FORSYNING A/S
Credit rating
Company information
About RINGSTED FORSYNING A/S
RINGSTED FORSYNING A/S (CVR number: 29777373) is a company from RINGSTED. The company reported a net sales of 39.8 mDKK in 2023, demonstrating a growth of 5.6 % compared to the previous year. The operating profit percentage was poor at -0.6 % (EBIT: -0.2 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 poor and Return on Equity (ROE) was -0.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 98.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. RINGSTED FORSYNING A/S's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2022 | 2023 | |
---|---|---|
Volume | ||
Net sales | 37 687.00 | 39 794.00 |
Gross profit | 4 693.00 | 5 487.00 |
EBIT | -1 479.00 | - 221.00 |
Net earnings | -12 175.00 | -3 729.00 |
Shareholders equity total | 1 532 925.00 | 1 526 732.00 |
Balance sheet total (assets) | 1 553 232.00 | 1 546 059.00 |
Net debt | 2 792.00 | 3 377.00 |
Profitability | ||
EBIT-% | -3.9 % | -0.6 % |
ROA | -0.8 % | -0.3 % |
ROE | -0.8 % | -0.2 % |
ROI | -0.8 % | -0.3 % |
Economic value added (EVA) | -1 154.25 | 53 593.08 |
Solvency | ||
Equity ratio | 98.7 % | 98.7 % |
Gearing | 0.3 % | 0.3 % |
Relative net indebtedness % | 47.6 % | 47.1 % |
Liquidity | ||
Quick ratio | 1.0 | 0.9 |
Current ratio | 1.0 | 0.9 |
Cash and cash equivalents | 2 384.00 | 587.00 |
Capital use efficiency | ||
Trade debtors turnover (days) | 0.7 | |
Net working capital % | -2.6 % | -3.0 % |
Credit risk | ||
Credit rating | A | A |
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