RAMSING SHOPPING CENTER A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About RAMSING SHOPPING CENTER A/S
RAMSING SHOPPING CENTER A/S (CVR number: 26997577) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of 4554.9 kDKK in 2023. The operating profit was -926 kDKK, while net earnings were -617.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3.3 %, which can be considered poor and Return on Equity (ROE) was -10.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 41 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. RAMSING SHOPPING CENTER A/S's liquidity measured by quick ratio was 0.8 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 4 231.90 | 5 237.73 | 5 343.77 | 4 652.77 | 4 554.88 |
EBIT | 403.05 | 1 004.81 | 275.52 | - 431.68 | - 926.03 |
Net earnings | 649.41 | 1 267.07 | 808.81 | 3.14 | - 617.23 |
Shareholders equity total | 5 814.32 | 6 581.38 | 6 890.19 | 6 143.33 | 5 526.10 |
Balance sheet total (assets) | 12 932.08 | 14 236.43 | 15 510.14 | 14 706.59 | 13 471.70 |
Net debt | 2 806.20 | 1 697.05 | 3 580.35 | 1 831.60 | 2 544.77 |
Profitability | |||||
EBIT-% | |||||
ROA | 6.8 % | 12.1 % | 7.3 % | 1.2 % | -3.3 % |
ROE | 11.1 % | 20.4 % | 12.0 % | 0.0 % | -10.6 % |
ROI | 10.3 % | 18.3 % | 10.9 % | 1.7 % | -4.6 % |
Economic value added (EVA) | 19.85 | 495.06 | - 108.05 | - 774.87 | - 933.20 |
Solvency | |||||
Equity ratio | 45.0 % | 46.2 % | 44.4 % | 41.8 % | 41.0 % |
Gearing | 49.6 % | 28.1 % | 52.8 % | 62.4 % | 74.6 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.7 | 0.8 | 0.6 | 0.9 | 0.8 |
Current ratio | 1.6 | 1.6 | 1.6 | 1.8 | 1.7 |
Cash and cash equivalents | 78.20 | 154.46 | 60.56 | 2 002.84 | 1 579.54 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | AA | A | A | BBB |
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