RINGSTED BILCENTER A/S — Credit Rating and Financial Key Figures

CVR number: 10315077
Sleipnersvej 5, 4100 Ringsted
bogholderi@ringsted-bilcenter.dk
tel: 57616560
www.ringsted-bilcenter.dk

Company information

Official name
RINGSTED BILCENTER A/S
Personnel
7 persons
Established
1986
Company form
Limited company
Industry

About RINGSTED BILCENTER A/S

RINGSTED BILCENTER A/S (CVR number: 10315077) is a company from RINGSTED. The company recorded a gross profit of 2432.8 kDKK in 2023. The operating profit was 499.6 kDKK, while net earnings were 317.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13.9 %, which can be considered good but Return on Equity (ROE) was 17.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 53.7 %, 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. RINGSTED BILCENTER A/S's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

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 571.661 603.322 130.901 858.272 432.81
EBIT462.98400.51647.09638.74499.64
Net earnings286.66291.30484.81444.20317.66
Shareholders equity total452.80744.091 228.901 673.101 990.76
Balance sheet total (assets)2 725.703 408.623 365.633 487.823 710.39
Net debt1 351.71256.69209.01395.43409.18
Profitability
EBIT-%
ROA16.6 %13.1 %19.1 %18.7 %13.9 %
ROE92.6 %48.7 %49.1 %30.6 %17.3 %
ROI41.5 %28.5 %52.9 %36.5 %22.4 %
Economic value added (EVA)331.93287.12464.19439.84291.43
Solvency
Equity ratio16.6 %21.8 %36.5 %48.0 %53.7 %
Gearing298.6 %35.7 %17.1 %23.8 %20.6 %
Relative net indebtedness %
Liquidity
Quick ratio0.30.60.21.11.4
Current ratio1.01.10.81.71.9
Cash and cash equivalents0.418.691.511.991.65
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBAAAA

Variable visualization

ROA:13.9%
Rating: 64/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:53.7%
Rating: 42/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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