ETN RINGKØBING ApS — Credit Rating and Financial Key Figures

CVR number: 27461735
Kløvervænget 17, Rindum 6950 Ringkøbing
tel: 97320672

Company information

Official name
ETN RINGKØBING ApS
Established
2003
Domicile
Rindum
Company form
Private limited company
Industry

About ETN RINGKØBING ApS

ETN RINGKØBING ApS (CVR number: 27461735) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of 170.1 kDKK in 2024. The operating profit was 102.3 kDKK, while net earnings were 779.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.3 %, which can be considered good and Return on Equity (ROE) was 8.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 92.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. ETN RINGKØBING ApS's liquidity measured by quick ratio was 1.5 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit165.91187.69203.44198.16170.14
EBIT98.12119.90135.65130.37102.35
Net earnings-30.121 180.62- 814.75257.18779.08
Shareholders equity total8 451.169 631.778 817.029 074.209 753.28
Balance sheet total (assets)9 351.2110 627.589 484.859 804.3110 590.05
Net debt93.7421.05- 157.43- 358.81- 442.39
Profitability
EBIT-%
ROA0.7 %12.6 %-6.4 %3.4 %8.3 %
ROE-0.4 %13.1 %-8.8 %2.9 %8.3 %
ROI0.7 %12.8 %-6.5 %3.4 %8.4 %
Economic value added (EVA)148.54157.82222.06169.28169.18
Solvency
Equity ratio90.4 %90.6 %93.0 %92.6 %92.1 %
Gearing9.0 %8.7 %6.7 %7.2 %7.8 %
Relative net indebtedness %
Liquidity
Quick ratio0.91.11.21.41.5
Current ratio0.91.11.21.41.5
Cash and cash equivalents663.55816.13745.971 009.431 199.50
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBABBBAA

Variable visualization

ROA:8.29%
Rating: 52/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:92.1%
Rating: 73/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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