A.S. RINGIVE ApS — Credit Rating and Financial Key Figures

CVR number: 15112107
Engtoften 5, Vorgod 6920 Videbæk

Company information

Official name
A.S. RINGIVE ApS
Established
1991
Domicile
Vorgod
Company form
Private limited company
Industry

About A.S. RINGIVE ApS

A.S. RINGIVE ApS (CVR number: 15112107) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of -2.9 kDKK in 2018. The operating profit was -22.4 kDKK, while net earnings were -23.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.8 %, which can be considered poor and Return on Equity (ROE) was -1.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 99 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. A.S. RINGIVE ApS's liquidity measured by quick ratio was 77.7 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
2016
2017
2018
Volume
Net sales
Gross profit-8.06-4.59-2.89
EBIT-20.65-16.23-22.38
Net earnings57.6997.94-23.40
Shareholders equity total1 338.361 332.901 203.70
Balance sheet total (assets)1 349.611 344.151 216.40
Net debt- 992.42-1 108.10- 985.30
Profitability
EBIT-%
ROA4.3 %7.3 %-1.8 %
ROE4.3 %7.3 %-1.8 %
ROI4.3 %7.3 %-1.8 %
Economic value added (EVA)-20.65-33.61-33.68
Solvency
Equity ratio99.2 %99.2 %99.0 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio88.899.177.7
Current ratio109.2119.595.8
Cash and cash equivalents992.421 108.10985.30
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBB

Variable visualization

ROA:-1.83%
Rating: 18/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.0%
Rating: 84/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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