RINGKØBING-SKJERN FORSYNING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About RINGKØBING-SKJERN FORSYNING A/S
RINGKØBING-SKJERN FORSYNING A/S (CVR number: 27464297K) is a company from RINGKØBING-SKJERN. The company reported a net sales of 196.9 mDKK in 2024, demonstrating a growth of 6.4 % compared to the previous year. The operating profit percentage was at 9.2 % (EBIT: 18.1 mDKK), while net earnings were 18.7 mDKK. The profitability of the company measured by Return on Assets (ROA) was 0.7 %, which can be considered weak and Return on Equity (ROE) was 0.7 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 85.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. RINGKØBING-SKJERN FORSYNING A/S's liquidity measured by quick ratio was 4 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 187.11 | 181.98 | 180.34 | 185.08 | 196.90 |
Gross profit | 129.85 | 121.29 | 116.52 | 122.63 | 130.12 |
EBIT | 31.88 | 21.00 | 12.97 | 12.35 | 18.10 |
Net earnings | 27.52 | 16.16 | 9.54 | 9.62 | 18.73 |
Shareholders equity total | 2 808.88 | 2 824.51 | 2 834.05 | 2 843.67 | 2 862.40 |
Balance sheet total (assets) | 3 224.61 | 3 291.03 | 3 313.90 | 3 328.42 | 3 354.09 |
Net debt | 186.85 | 199.55 | |||
Profitability | |||||
EBIT-% | 17.0 % | 11.5 % | 7.2 % | 6.7 % | 9.2 % |
ROA | 1.0 % | 0.6 % | 0.4 % | 0.5 % | 0.7 % |
ROE | 1.0 % | 0.6 % | 0.3 % | 0.3 % | 0.7 % |
ROI | 1.0 % | 0.6 % | 0.4 % | 0.5 % | 0.8 % |
Economic value added (EVA) | - 107.88 | - 120.15 | - 128.96 | - 130.06 | - 138.90 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 85.7 % | 85.6 % |
Gearing | 9.8 % | 9.3 % | |||
Relative net indebtedness % | 211.2 % | 215.6 % | |||
Liquidity | |||||
Quick ratio | 3.4 | 4.0 | |||
Current ratio | 3.1 | 3.4 | |||
Cash and cash equivalents | 91.91 | 65.52 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 37.5 | 28.2 | |||
Net working capital % | 83.5 % | 85.1 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | AAA | AAA |
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