RØDDING BRUGSFORENING — Credit Rating and Financial Key Figures

CVR number: 68292719
Borgergade 19, Rødding 7860 Spøttrup

Credit rating

Company information

Official name
RØDDING BRUGSFORENING
Personnel
25 persons
Established
1883
Domicile
Rødding
Industry

About RØDDING BRUGSFORENING

RØDDING BRUGSFORENING (CVR number: 68292719) is a company from SKIVE. The company reported a net sales of 25.9 mDKK in 2024, demonstrating a decline of -4.7 % compared to the previous year. The operating profit percentage was poor at -1.6 % (EBIT: -0.4 mDKK), while net earnings were -198.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3 %, which can be considered poor and Return on Equity (ROE) was -4.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 61.4 %, 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. RØDDING BRUGSFORENING's liquidity measured by quick ratio was 0.3 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales25 694.0026 707.0027 429.5827 160.7925 876.68
Gross profit3 851.003 689.002 912.363 353.423 165.16
EBIT314.00201.00- 662.87- 207.50- 412.30
Net earnings327.00253.00- 385.09-40.45- 198.92
Shareholders equity total5 165.005 418.005 037.524 997.184 798.75
Balance sheet total (assets)9 417.008 815.008 231.488 048.797 810.11
Net debt86.28-46.12-90.79
Profitability
EBIT-%1.2 %0.8 %-2.4 %-0.8 %-1.6 %
ROA3.4 %2.2 %-5.7 %-0.4 %-3.0 %
ROE6.5 %4.8 %-7.4 %-0.8 %-4.1 %
ROI3.4 %2.2 %-6.8 %-0.6 %-4.5 %
Economic value added (EVA)70.99-58.54- 784.56- 443.70- 600.15
Solvency
Equity ratio100.0 %100.0 %61.2 %62.1 %61.4 %
Gearing3.2 %0.7 %
Relative net indebtedness %9.9 %9.5 %10.0 %
Liquidity
Quick ratio0.20.20.3
Current ratio0.70.80.8
Cash and cash equivalents75.5879.1790.79
Capital use efficiency
Trade debtors turnover (days)1.81.71.7
Net working capital %-2.7 %-2.1 %-1.9 %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:-3.00%
Rating: 17/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:61.4%
Rating: 47/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member
Board member
Board member
Board member

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