RINGSTEDGÅRD ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About RINGSTEDGÅRD ApS
RINGSTEDGÅRD ApS (CVR number: 34477868) is a company from ODENSE. The company recorded a gross profit of 1318.6 kDKK in 2023. The operating profit was 72.6 kDKK, while net earnings were -7.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.7 %, which can be considered weak but Return on Equity (ROE) was -0.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 33.4 %, 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. RINGSTEDGÅRD ApS's liquidity measured by quick ratio was 1.2 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 2 109.31 | 1 443.22 | 169.31 | 1 411.42 | 1 318.62 |
EBIT | 1 117.94 | 270.51 | -1 037.41 | 237.89 | 72.57 |
Net earnings | 878.85 | 216.74 | - 808.28 | 72.79 | -7.36 |
Shareholders equity total | 2 498.17 | 2 714.91 | 1 906.63 | 1 979.42 | 1 972.06 |
Balance sheet total (assets) | 4 327.56 | 4 669.29 | 5 417.61 | 6 185.42 | 5 911.18 |
Net debt | - 395.50 | 204.82 | 2 445.82 | 2 558.74 | 2 426.78 |
Profitability | |||||
EBIT-% | |||||
ROA | 31.4 % | 6.4 % | -20.3 % | 4.7 % | 1.7 % |
ROE | 42.7 % | 8.3 % | -35.0 % | 3.7 % | -0.4 % |
ROI | 40.6 % | 8.9 % | -25.4 % | 5.5 % | 2.1 % |
Economic value added (EVA) | 836.88 | 130.66 | - 926.91 | 82.60 | -38.45 |
Solvency | |||||
Equity ratio | 57.7 % | 58.1 % | 35.2 % | 32.0 % | 33.4 % |
Gearing | 14.6 % | 14.3 % | 128.3 % | 135.1 % | 131.9 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.8 | 1.9 | 1.6 | 1.1 | 1.2 |
Current ratio | 1.9 | 2.0 | 2.2 | 2.2 | 2.3 |
Cash and cash equivalents | 761.28 | 183.24 | 114.81 | 174.36 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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