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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 -90.9 kDKK in 2024. The operating profit was -96 kDKK, while net earnings were -24.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.4 %, which can be considered weak but Return on Equity (ROE) was -5.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 29.7 %, 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 2.5 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 12 666.12 | 11 282.80 | 11 123.05 | 4 757.64 | -90.85 |
| EBIT | 481.68 | - 704.25 | - 714.83 | - 481.33 | -96.02 |
| Net earnings | 351.96 | - 579.80 | - 741.46 | - 481.18 | -24.49 |
| Shareholders equity total | 2 298.30 | 1 718.50 | 977.04 | 495.86 | 471.38 |
| Balance sheet total (assets) | 24 488.63 | 19 945.41 | 23 622.10 | 1 771.93 | 1 587.24 |
| Net debt | 6 971.11 | 9 037.30 | 10 508.39 | 305.89 | 297.13 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 2.8 % | -2.8 % | -3.2 % | -3.7 % | 0.4 % |
| ROE | 16.2 % | -28.9 % | -55.0 % | -65.3 % | -5.1 % |
| ROI | 6.8 % | -5.8 % | -6.0 % | -7.4 % | 0.9 % |
| Economic value added (EVA) | 39.72 | -1 036.37 | -1 117.14 | - 977.09 | - 115.86 |
| Solvency | |||||
| Equity ratio | 9.5 % | 8.8 % | 4.1 % | 28.0 % | 29.7 % |
| Gearing | 305.2 % | 527.2 % | 1076.2 % | 63.0 % | 70.7 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 0.3 | 0.2 | 0.2 | 2.2 | 2.5 |
| Current ratio | 1.0 | 1.0 | 1.0 | 2.2 | 2.5 |
| Cash and cash equivalents | 43.06 | 22.56 | 6.20 | 6.61 | 36.35 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BBB | BBB | BB | BB |
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