RINGKØBING-SKJERN ERHVERV A/S — Credit Rating and Financial Key Figures

CVR number: 31579473
Ånumvej 28, 6900 Skjern

Company information

Official name
RINGKØBING-SKJERN ERHVERV A/S
Established
2008
Company form
Limited company
Industry

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 1590 kDKK in 2024. The operating profit was 1109 kDKK, while net earnings were 978 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.4 %, which can be considered weak and Return on Equity (ROE) was 3.6 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 64.6 %, 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 7.4 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit1 746.002 492.001 480.00-78.001 590.00
EBIT1 229.001 939.00958.00-2 473.001 109.00
Net earnings664.001 218.00491.00-2 019.00978.00
Shareholders equity total27 178.0028 396.0028 887.0026 868.0027 846.00
Balance sheet total (assets)44 549.0046 402.0045 317.0042 708.0043 096.00
Net debt5 999.009 933.00
Profitability
EBIT-%
ROA2.7 %4.3 %2.1 %-5.3 %3.4 %
ROE2.5 %4.4 %1.7 %-7.2 %3.6 %
ROI2.7 %4.3 %2.1 %-5.4 %3.5 %
Economic value added (EVA)- 103.33573.31- 468.90-3 368.27-1 256.66
Solvency
Equity ratio100.0 %100.0 %100.0 %62.9 %64.6 %
Gearing52.5 %47.8 %
Relative net indebtedness %
Liquidity
Quick ratio6.97.4
Current ratio6.97.4
Cash and cash equivalents8 114.003 390.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBA

Variable visualization

ROA:3.45%
Rating: 37/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:64.6%
Rating: 49/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Board member
Chief executive officer
Board member

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