BYENS BLIKKENSLAGER RINGKØBING ApS — Credit Rating and Financial Key Figures

CVR number: 29408475
Østbanevej 7, Hee 6950 Ringkøbing

Credit rating

Company information

Official name
BYENS BLIKKENSLAGER RINGKØBING ApS
Personnel
10 persons
Established
2006
Domicile
Hee
Company form
Private limited company
Industry

About BYENS BLIKKENSLAGER RINGKØBING ApS

BYENS BLIKKENSLAGER RINGKØBING ApS (CVR number: 29408475) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of 3595.5 kDKK in 2023. The operating profit was 283 kDKK, while net earnings were 55.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.1 %, which can be considered decent and Return on Equity (ROE) was 4.7 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 30.2 %, 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. BYENS BLIKKENSLAGER RINGKØBING ApS's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

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 523.302 151.933 739.854 726.043 595.48
EBIT71.00266.04685.20835.14282.96
Net earnings-0.85175.65479.46583.4155.81
Shareholders equity total97.33272.98752.441 221.461 159.47
Balance sheet total (assets)1 404.042 060.383 187.764 145.833 840.24
Net debt789.34433.78905.411 373.181 532.27
Profitability
EBIT-%
ROA5.2 %15.4 %26.1 %22.8 %7.1 %
ROE-0.9 %94.9 %93.5 %59.1 %4.7 %
ROI7.4 %31.0 %47.3 %35.3 %10.5 %
Economic value added (EVA)36.65172.85501.21584.4753.06
Solvency
Equity ratio6.9 %13.2 %23.6 %29.5 %30.2 %
Gearing811.9 %198.6 %166.7 %112.4 %132.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.50.70.60.50.7
Current ratio0.80.91.21.41.4
Cash and cash equivalents0.90108.41348.690.050.05
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBAABBB

Variable visualization

ROA:7.09%
Rating: 49/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:30.2%
Rating: 26/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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