Ringstedvej 124 ApS — Credit Rating and Financial Key Figures

CVR number: 36452161
Svend Aagesens Alle 10 B, 2650 Hvidovre
brev@mitoflex.dk
tel: 52510000

Company information

Official name
Ringstedvej 124 ApS
Established
2014
Company form
Private limited company
Industry

About Ringstedvej 124 ApS

Ringstedvej 124 ApS (CVR number: 36452161) is a company from HVIDOVRE. The company recorded a gross profit of -216.2 kDKK in 2024. The operating profit was -302 kDKK, while net earnings were -488.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3.9 %, which can be considered poor and Return on Equity (ROE) was -123.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 1.9 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Ringstedvej 124 ApS's liquidity measured by quick ratio was 0 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit- 240.07- 246.57- 120.11- 639.58- 216.19
EBIT732.38-5 269.56- 120.111 991.67- 302.00
Net earnings-57.00-4 627.54- 148.221 347.75- 488.23
Shareholders equity total4 066.33- 561.22- 709.43638.31150.08
Balance sheet total (assets)26 120.01235.923 229.097 553.818 053.77
Net debt3 585.22765.063 843.426 118.166 898.75
Profitability
EBIT-%
ROA2.9 %-38.7 %-5.1 %34.7 %-3.9 %
ROE-1.4 %-215.1 %-8.6 %69.7 %-123.9 %
ROI3.0 %-39.1 %-5.2 %36.1 %-4.1 %
Economic value added (EVA)- 617.11-5 411.13- 104.031 394.86- 591.25
Solvency
Equity ratio15.6 %-70.4 %-18.0 %8.5 %1.9 %
Gearing530.8 %-136.7 %-545.1 %962.7 %4599.7 %
Relative net indebtedness %
Liquidity
Quick ratio1.10.30.10.00.0
Current ratio1.10.30.10.00.0
Cash and cash equivalents17 999.952.0823.3527.144.56
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBCBBBBBBB

Variable visualization

ROA:-3.87%
Rating: 16/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:1.86%
Rating: 3/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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