Credit rating
Company information
About RINGKØBING-SKJERN ERHVERV A/S
RINGKØBING-SKJERN ERHVERV A/S (CVR number: 31579473) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of -78 kDKK in 2023. The operating profit was -2473 kDKK, while net earnings were -2019 kDKK. The profitability of the company measured by Return on Assets (ROA) was -5.3 %, which can be considered poor and Return on Equity (ROE) was -7.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 62.9 %, 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. RINGKØBING-SKJERN ERHVERV A/S's liquidity measured by quick ratio was 6.9 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 1 675.00 | 1 746.00 | 2 492.00 | 1 480.00 | -78.00 |
EBIT | 1 115.00 | 1 229.00 | 1 939.00 | 958.00 | -2 473.00 |
Net earnings | 621.00 | 664.00 | 1 218.00 | 491.00 | -2 019.00 |
Shareholders equity total | 26 514.00 | 27 178.00 | 28 396.00 | 28 887.00 | 26 868.00 |
Balance sheet total (assets) | 45 494.00 | 44 549.00 | 46 402.00 | 45 317.00 | 42 708.00 |
Net debt | 1 038.00 | 5 999.00 | |||
Profitability | |||||
EBIT-% | |||||
ROA | 2.5 % | 2.7 % | 4.3 % | 1.9 % | -5.3 % |
ROE | 2.4 % | 2.5 % | 4.4 % | 1.7 % | -7.2 % |
ROI | 2.5 % | 2.7 % | 4.3 % | 2.3 % | -5.4 % |
Economic value added (EVA) | - 534.21 | - 103.33 | 573.31 | - 651.98 | -3 340.33 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 63.7 % | 62.9 % |
Gearing | 49.0 % | 52.5 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 9.4 | 6.9 | |||
Current ratio | 9.4 | 6.9 | |||
Cash and cash equivalents | 13 121.00 | 8 114.00 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | A | BB |
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