SDR Ringvej ApS — Credit Rating and Financial Key Figures

CVR number: 38118404
Langelinie 5, 5230 Odense M

Credit rating

Company information

Official name
SDR Ringvej ApS
Personnel
1 person
Established
2016
Company form
Private limited company
Industry

About SDR Ringvej ApS

SDR Ringvej ApS (CVR number: 38118404) is a company from ODENSE. The company recorded a gross profit of 65 mDKK in 2023. The operating profit was 55 mDKK, while net earnings were 44.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was 124.5 %, which can be considered excellent and Return on Equity (ROE) was 230.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 48.7 %, 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. SDR Ringvej ApS's liquidity measured by quick ratio was 5.3 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit1 003.68853.91529.45-35.9264 974.82
EBIT953.22- 264.44508.84-35.9254 974.82
Net earnings638.30- 547.25286.85-77.3544 348.42
Shareholders equity total1 403.83856.591 143.431 066.0937 414.51
Balance sheet total (assets)12 296.7111 458.3612 004.2715 271.9076 852.63
Net debt10 007.979 078.2710 221.077 100.76-62 183.08
Profitability
EBIT-%
ROA7.8 %-2.2 %4.3 %-0.3 %124.5 %
ROE58.8 %-48.4 %28.7 %-7.0 %230.5 %
ROI8.5 %-2.5 %4.7 %-0.4 %194.1 %
Economic value added (EVA)278.63- 831.21-36.13- 430.5542 485.22
Solvency
Equity ratio11.6 %7.6 %9.7 %7.0 %48.7 %
Gearing717.1 %1070.0 %907.0 %666.7 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.00.10.15.3
Current ratio0.10.03.22.05.8
Cash and cash equivalents59.5287.11149.617.2262 183.08
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:124.5%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:48.7%
Rating: 39/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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