JW Ringsted ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About JW Ringsted ApS
JW Ringsted ApS (CVR number: 15451297) is a company from RINGSTED. The company recorded a gross profit of -87.1 kDKK in 2022. The operating profit was -96.6 kDKK, while net earnings were -84.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -9.5 %, which can be considered poor and Return on Equity (ROE) was -11.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 69.7 %, 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. JW Ringsted ApS's liquidity measured by quick ratio was 3.3 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2018 | 2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 2 428.00 | 2 373.22 | 2 289.39 | 2 431.08 | -87.12 |
EBIT | 103.08 | 151.52 | 98.95 | 929.59 | -96.56 |
Net earnings | 50.27 | 78.97 | 58.51 | 695.83 | -84.21 |
Shareholders equity total | 522.70 | 373.67 | 321.58 | 904.41 | 570.21 |
Balance sheet total (assets) | 1 605.64 | 1 747.99 | 1 309.88 | 1 217.00 | 818.34 |
Net debt | 298.28 | 563.82 | 210.42 | -1 144.57 | - 790.13 |
Profitability | |||||
EBIT-% | |||||
ROA | 5.7 % | 9.0 % | 6.5 % | 73.6 % | -9.5 % |
ROE | 9.1 % | 17.6 % | 16.8 % | 113.5 % | -11.4 % |
ROI | 10.7 % | 17.0 % | 13.1 % | 114.8 % | -11.8 % |
Economic value added (EVA) | 48.86 | 85.41 | 53.12 | 701.60 | -63.25 |
Solvency | |||||
Equity ratio | 32.6 % | 21.4 % | 24.6 % | 74.3 % | 69.7 % |
Gearing | 58.4 % | 156.6 % | 71.5 % | 0.0 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.8 | 0.7 | 0.6 | 8.2 | 3.3 |
Current ratio | 1.3 | 1.1 | 1.1 | 8.2 | 3.3 |
Cash and cash equivalents | 6.80 | 21.52 | 19.53 | 1 144.85 | 790.13 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BB | C |
Variable visualization
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