RINGSTED AUTO- OG KARROSSERIFIRMA ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About RINGSTED AUTO- OG KARROSSERIFIRMA ApS
RINGSTED AUTO- OG KARROSSERIFIRMA ApS (CVR number: 32943454) is a company from RINGSTED. The company recorded a gross profit of 313.3 kDKK in 2023. The operating profit was -24.1 kDKK, while net earnings were -32.1 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 -17 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -30.5 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. RINGSTED AUTO- OG KARROSSERIFIRMA ApS's liquidity measured by quick ratio was 0.7 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 | 354.92 | 349.03 | 325.77 | 336.83 | 313.30 |
EBIT | 20.01 | 5.57 | -14.57 | 73.69 | -24.13 |
Net earnings | 16.63 | 2.37 | -18.97 | 67.52 | -32.05 |
Shareholders equity total | -98.00 | -95.62 | - 114.59 | -47.07 | -79.12 |
Balance sheet total (assets) | 157.84 | 180.16 | 140.25 | 198.00 | 180.19 |
Net debt | -92.20 | - 136.99 | -79.03 | - 140.19 | - 108.55 |
Profitability | |||||
EBIT-% | |||||
ROA | 8.3 % | 2.1 % | -5.5 % | 29.5 % | -9.5 % |
ROE | 12.3 % | 1.4 % | -11.8 % | 39.9 % | -17.0 % |
ROI | |||||
Economic value added (EVA) | 28.26 | 15.13 | -2.88 | 83.42 | -14.72 |
Solvency | |||||
Equity ratio | -38.3 % | -34.7 % | -45.0 % | -19.2 % | -30.5 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.6 | 0.6 | 0.5 | 0.8 | 0.7 |
Current ratio | 0.6 | 0.7 | 0.6 | 0.8 | 0.7 |
Cash and cash equivalents | 92.20 | 136.99 | 79.03 | 140.19 | 108.55 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
Variable visualization
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