Ringvejens Auto og Plæneklipperservice ApS — Credit Rating and Financial Key Figures

CVR number: 40404058
Frejasvej 2, Rindum 6950 Ringkøbing
info@ringvejensauto.dk
tel: 97321098
www.ringvejensauto.dk

Company information

Official name
Ringvejens Auto og Plæneklipperservice ApS
Personnel
6 persons
Established
2019
Domicile
Rindum
Company form
Private limited company
Industry

About Ringvejens Auto og Plæneklipperservice ApS

Ringvejens Auto og Plæneklipperservice ApS (CVR number: 40404058) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of 4476.8 kDKK in 2024. The operating profit was 1098.3 kDKK, while net earnings were 829 kDKK. The profitability of the company measured by Return on Assets (ROA) was 16.5 %, which can be considered excellent and Return on Equity (ROE) was 22.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 60.1 %, 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. Ringvejens Auto og Plæneklipperservice 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit3 589.283 629.723 601.223 995.474 476.79
EBIT895.86824.48404.93768.531 098.26
Net earnings573.22545.88253.67567.88829.04
Shareholders equity total2 626.912 992.783 066.453 454.344 033.38
Balance sheet total (assets)7 759.087 041.976 666.826 866.346 802.26
Net debt3 103.042 781.872 649.401 632.321 024.83
Profitability
EBIT-%
ROA11.9 %11.3 %6.2 %11.7 %16.5 %
ROE24.1 %19.4 %8.4 %17.4 %22.1 %
ROI13.2 %12.7 %6.9 %13.1 %19.0 %
Economic value added (EVA)343.00306.96-6.05312.69554.31
Solvency
Equity ratio33.9 %42.5 %46.0 %50.6 %60.1 %
Gearing147.0 %106.6 %86.9 %67.1 %37.8 %
Relative net indebtedness %
Liquidity
Quick ratio0.50.40.20.60.7
Current ratio0.70.70.70.80.8
Cash and cash equivalents757.63407.1415.41684.01501.55
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:16.5%
Rating: 68/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:60.1%
Rating: 46/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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