NIELS LARSEN UDLEJNING. RINGSTED A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About NIELS LARSEN UDLEJNING. RINGSTED A/S
NIELS LARSEN UDLEJNING. RINGSTED A/S (CVR number: 24209695) is a company from RINGSTED. The company recorded a gross profit of 295.7 kDKK in 2024. The operating profit was -4.3 kDKK, while net earnings were 441.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4 %, which can be considered decent but Return on Equity (ROE) was 3.8 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 70.9 %, 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. NIELS LARSEN UDLEJNING. RINGSTED A/S's liquidity measured by quick ratio was 5.6 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 | 686.91 | 3 092.99 | 685.66 | 921.12 | 295.74 |
EBIT | 660.31 | 2 901.01 | 324.00 | 599.56 | -4.26 |
Net earnings | - 112.65 | 3 999.40 | - 425.68 | 645.96 | 441.21 |
Shareholders equity total | 7 156.28 | 11 155.68 | 10 729.99 | 11 375.95 | 11 817.16 |
Balance sheet total (assets) | 12 386.69 | 16 790.96 | 15 964.92 | 16 450.17 | 16 674.82 |
Net debt | 2 190.52 | -1 582.27 | -1 181.44 | -1 874.87 | -2 525.85 |
Profitability | |||||
EBIT-% | |||||
ROA | 0.8 % | 32.4 % | 1.9 % | 5.9 % | 4.0 % |
ROE | -1.6 % | 43.7 % | -3.9 % | 5.8 % | 3.8 % |
ROI | 0.8 % | 33.8 % | 1.9 % | 6.1 % | 4.2 % |
Economic value added (EVA) | 26.55 | 1 807.86 | - 165.93 | 0.26 | - 464.61 |
Solvency | |||||
Equity ratio | 57.8 % | 66.4 % | 67.2 % | 69.2 % | 70.9 % |
Gearing | 40.8 % | 24.2 % | 22.5 % | 19.3 % | 16.8 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 3.2 | 4.6 | 4.6 | 5.8 | 5.6 |
Current ratio | 3.2 | 4.6 | 4.6 | 5.8 | 5.6 |
Cash and cash equivalents | 729.18 | 4 278.43 | 3 600.45 | 4 068.81 | 4 507.21 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | A | BBB | A | A |
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