RYNKEBY MASKINFABRIK A/S — Credit Rating and Financial Key Figures

CVR number: 39071118
Rynkebyvej 238, 5350 Rynkeby
post@ryma.dk
tel: 65391515
www.ryma.dk

Company information

Official name
RYNKEBY MASKINFABRIK A/S
Personnel
45 persons
Established
1972
Company form
Limited company
Industry

About RYNKEBY MASKINFABRIK A/S

RYNKEBY MASKINFABRIK A/S (CVR number: 39071118) is a company from KERTEMINDE. The company recorded a gross profit of 29.1 mDKK in 2023. The operating profit was 3348.5 kDKK, while net earnings were 1215.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.8 %, which can be considered decent but Return on Equity (ROE) was 9.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 31.8 %, 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. RYNKEBY MASKINFABRIK A/S's liquidity measured by quick ratio was 1.1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

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 profit25 248.0021 006.0024 036.0031 551.0029 074.48
EBIT2 083.00330.001 891.004 869.003 348.47
Net earnings1 080.00- 205.00984.003 303.001 215.93
Shareholders equity total8 983.008 279.009 372.0012 176.0012 391.55
Balance sheet total (assets)38 174.0034 117.0037 226.0044 239.0055 246.31
Net debt7 591.003 233.003 681.004 465.009 539.93
Profitability
EBIT-%
ROA6.0 %0.9 %5.3 %12.1 %6.8 %
ROE12.8 %-2.4 %11.1 %30.7 %9.9 %
ROI9.0 %1.3 %7.9 %16.0 %7.3 %
Economic value added (EVA)1 032.93- 180.45908.663 092.291 720.95
Solvency
Equity ratio23.5 %24.3 %25.2 %37.9 %31.8 %
Gearing91.2 %47.0 %49.0 %43.8 %78.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.50.40.51.61.1
Current ratio1.11.21.23.65.7
Cash and cash equivalents599.00661.00910.00869.00138.95
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAAA

Variable visualization

ROA:6.80%
Rating: 48/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:31.8%
Rating: 27/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chairman of the board

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