DB Ringsted A/S — Credit Rating and Financial Key Figures

CVR number: 31328276
Taastrup Hovedgade 103, 2630 Taastrup
kenneth.thiemke@danbolig.dk
tel: 32591499

Credit rating

Company information

Official name
DB Ringsted A/S
Personnel
4 persons
Established
2008
Company form
Limited company
Industry
  • Expand more icon68Real estate activities

About DB Ringsted A/S

DB Ringsted A/S (CVR number: 31328276) is a company from Høje-Taastrup. The company recorded a gross profit of 2929.6 kDKK in 2023. The operating profit was 1064 kDKK, while net earnings were 852.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 47.6 %, which can be considered excellent and Return on Equity (ROE) was 52.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 74.4 %, 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. DB Ringsted A/S's liquidity measured by quick ratio was 3.9 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit2 780.583 314.433 259.872 091.822 929.64
EBIT447.48869.12682.55- 286.961 064.02
Net earnings335.40711.89568.34- 226.35852.56
Shareholders equity total133.42845.321 413.661 187.312 039.87
Balance sheet total (assets)755.232 488.162 666.281 496.023 076.83
Net debt-9.72- 273.69- 376.76- 273.74-1 883.86
Profitability
EBIT-%
ROA48.6 %55.8 %28.3 %-13.8 %47.6 %
ROE65.9 %145.5 %50.3 %-17.4 %52.8 %
ROI134.0 %164.7 %58.1 %-21.0 %67.2 %
Economic value added (EVA)350.49685.70507.67- 276.49789.96
Solvency
Equity ratio22.6 %38.5 %64.3 %79.4 %74.4 %
Gearing14.3 %9.1 %0.3 %0.3 %
Relative net indebtedness %
Liquidity
Quick ratio1.01.53.33.43.9
Current ratio0.71.21.93.42.6
Cash and cash equivalents9.72394.76504.70277.371 889.13
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBABBBA

Variable visualization

ROA:47.6%
Rating: 93/100
0
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:74.4%
Rating: 56/100
1
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Board member

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