BRIAN MADSEN RINGSTED ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About BRIAN MADSEN RINGSTED ApS
BRIAN MADSEN RINGSTED ApS (CVR number: 24222632) is a company from SLAGELSE. The company recorded a gross profit of 4757.6 kDKK in 2023. The operating profit was -481.3 kDKK, while net earnings were -481.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3.7 %, which can be considered poor and Return on Equity (ROE) was -65.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 28 %, 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. BRIAN MADSEN RINGSTED ApS's liquidity measured by quick ratio was 2.2 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 | 9 146.96 | 12 666.12 | 11 282.80 | 11 123.05 | 4 757.64 |
EBIT | 579.61 | 481.68 | - 704.25 | - 714.83 | - 481.33 |
Net earnings | 478.79 | 351.96 | - 579.80 | - 741.46 | - 481.18 |
Shareholders equity total | 2 046.34 | 2 298.30 | 1 718.50 | 977.04 | 495.87 |
Balance sheet total (assets) | 16 325.35 | 24 488.63 | 19 945.41 | 23 622.10 | 1 771.93 |
Net debt | 3 550.00 | 6 971.11 | 9 037.30 | 10 508.39 | 305.89 |
Profitability | |||||
EBIT-% | |||||
ROA | 4.5 % | 2.8 % | -2.8 % | -3.2 % | -3.7 % |
ROE | 26.5 % | 16.2 % | -28.9 % | -55.0 % | -65.3 % |
ROI | 10.7 % | 6.8 % | -5.8 % | -6.0 % | -7.4 % |
Economic value added (EVA) | 366.93 | 286.48 | - 667.80 | - 646.07 | - 428.37 |
Solvency | |||||
Equity ratio | 12.7 % | 9.5 % | 8.8 % | 4.1 % | 28.0 % |
Gearing | 197.5 % | 305.2 % | 527.2 % | 1076.2 % | 63.0 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.4 | 0.3 | 0.2 | 0.2 | 2.2 |
Current ratio | 1.0 | 1.0 | 1.0 | 1.0 | 2.2 |
Cash and cash equivalents | 491.94 | 43.06 | 22.56 | 6.20 | 6.61 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BB |
Variable visualization
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