A&B RINGKØBING ApS — Credit Rating and Financial Key Figures

CVR number: 31596858
Stålvej 2, 6900 Skjern
zonation@mail.dk

Credit rating

Company information

Official name
A&B RINGKØBING ApS
Personnel
3 persons
Established
2008
Company form
Private limited company
Industry

About A&B RINGKØBING ApS

A&B RINGKØBING ApS (CVR number: 31596858) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of 553.3 kDKK in 2024. The operating profit was -64.9 kDKK, while net earnings were -70.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -4.4 %, which can be considered poor and Return on Equity (ROE) was -14.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 33.3 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. A&B RINGKØBING ApS's liquidity measured by quick ratio was 0.2 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit640.70774.27681.47422.99553.33
EBIT130.59240.0327.76- 209.18-64.89
Net earnings125.27215.8013.81- 215.97-70.50
Shareholders equity total519.43735.23749.05533.08462.57
Balance sheet total (assets)1 637.151 781.721 734.021 503.931 387.13
Net debt24.91-53.80124.05401.80480.42
Profitability
EBIT-%
ROA9.2 %14.1 %1.6 %-12.9 %-4.4 %
ROE27.4 %34.4 %1.9 %-33.7 %-14.2 %
ROI12.8 %19.8 %2.1 %-16.6 %-5.7 %
Economic value added (EVA)122.93226.6317.24- 222.98-79.94
Solvency
Equity ratio31.7 %41.3 %43.2 %35.4 %33.3 %
Gearing112.9 %80.6 %79.9 %119.2 %136.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.60.60.50.30.2
Current ratio1.41.71.71.51.5
Cash and cash equivalents561.63646.23474.33233.63150.62
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:-4.43%
Rating: 16/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:33.3%
Rating: 29/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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