RINGSTED SPILDEVAND A/S

CVR number: 31152062
Bragesvej 18, 4100 Ringsted
info@ringstedforsyning.dk
tel: 69898000
www.ringstedforsyning.dk

Credit rating

Company information

Official name
RINGSTED SPILDEVAND A/S
Established
2007
Company form
Limited company
Industry
  • Expand more icon37Sewerage

About the company

RINGSTED SPILDEVAND A/S (CVR number: 31152062) is a company from RINGSTED. The company reported a net sales of 65.2 mDKK in 2023, demonstrating a growth of 8.8 % compared to the previous year. The operating profit percentage was at 3.3 % (EBIT: 2.1 mDKK), while net earnings were -5951 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.1 %, which can be considered weak but Return on Equity (ROE) was -0.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 65.2 %, 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. RINGSTED SPILDEVAND A/S's liquidity measured by quick ratio was 0.2 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
20192020202120222023
Volume
Net sales56.6355.4657.1259.9365.23
Gross profit49.7949.3748.4654.2961.04
EBIT3.803.68-4.72-0.652.14
Net earnings0.110.11-1.41-8.71-5.95
Shareholders equity total1 236.381 236.481 235.081 226.371 217.46
Balance sheet total (assets)1 673.791 778.241 775.361 824.631 867.73
Net debt320.12384.77366.50406.43454.96
Profitability
EBIT-%6.7 %6.6 %-8.3 %-1.1 %3.3 %
ROA0.1 %0.2 %-0.3 %-0.2 %0.1 %
ROE0.0 %0.0 %-0.1 %-0.7 %-0.5 %
ROI0.4 %0.2 %-0.3 %-0.2 %0.1 %
Economic value added (EVA)-64.10-66.99-75.80-73.73-71.62
Solvency
Equity ratio73.9 %69.5 %69.6 %67.2 %65.2 %
Gearing25.9 %31.1 %29.7 %33.1 %37.4 %
Relative net indebtedness %757.7 %963.2 %945.9 %998.3 %996.4 %
Liquidity
Quick ratio0.20.60.30.40.2
Current ratio0.20.60.30.40.2
Cash and cash equivalents0.29
Capital use efficiency
Trade debtors turnover (days)25.91.246.5147.118.7
Net working capital %-112.1 %-69.7 %-86.2 %-85.4 %-124.3 %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:0.05%
Rating: 20/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:65.2%
Rating: 50/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Chief executive officer
Board member
Board member

Companies in the same industry

Build time: 2024-10-04T14:01:12.237Z

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