Ringkøbingvej 320 ApS

CVR number: 36959134
Røgindvej 18, 6940 Lem St
minkunger@gmail.com
tel: 97342460

Credit rating

Company information

Official name
Ringkøbingvej 320 ApS
Established
2015
Company form
Private limited company
Industry
  • Expand more icon01Crop and animal production, hunting and related service activities

About Ringkøbingvej 320 ApS

Ringkøbingvej 320 ApS (CVR number: 36959134) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of 888.8 kDKK in 2023. The operating profit was 360.4 kDKK, while net earnings were -760.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.8 %, which can be considered weak but Return on Equity (ROE) was -1.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 11.8 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Ringkøbingvej 320 ApS's liquidity measured by quick ratio was 0 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit1 562.641 255.851 160.031 146.09888.84
EBIT1 149.02842.23746.42697.64360.42
Net earnings325.33-48.83- 312.40- 314.89- 760.16
Shareholders equity total-2 177.58-1 664.41-1 379.81-1 546.70-2 306.86
Balance sheet total (assets)43 043.1542 466.2241 791.8743 167.9839 922.67
Net debt43 291.6542 962.3142 173.725 392.656 454.99
Profitability
EBIT-%
ROA2.6 %2.0 %1.8 %1.6 %0.8 %
ROE0.8 %-0.1 %-0.7 %-0.7 %-1.8 %
ROI2.7 %2.0 %1.8 %2.8 %5.2 %
Economic value added (EVA)- 516.62- 551.74-1 166.34- 799.12526.35
Solvency
Equity ratio11.2 %12.6 %13.4 %12.6 %11.8 %
Gearing-2014.0 %-2603.6 %-3102.2 %-454.4 %-305.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.81.11.70.10.0
Current ratio0.81.11.70.10.0
Cash and cash equivalents565.08371.72630.891 635.60581.26
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:0.84%
Rating: 24/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:11.8%
Rating: 12/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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