RINGKØBING INVEST ApS — Credit Rating and Financial Key Figures

CVR number: 31070902
Rindumgaards Allé 3, Rindum 6950 Ringkøbing

Company information

Official name
RINGKØBING INVEST ApS
Personnel
2 persons
Established
2007
Domicile
Rindum
Company form
Private limited company
Industry

About RINGKØBING INVEST ApS

RINGKØBING INVEST ApS (CVR number: 31070902) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of 3836 kDKK in 2023. The operating profit was 2612.6 kDKK, while net earnings were 1531.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.8 %, which can be considered decent but Return on Equity (ROE) was 36.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 14.6 %, 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. RINGKØBING INVEST 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit2 419.392 533.712 610.692 874.273 835.97
EBIT918.07897.04920.751 586.402 612.56
Net earnings418.34422.30389.98807.571 531.32
Shareholders equity total1 809.292 231.592 621.573 429.144 960.46
Balance sheet total (assets)32 763.0938 843.9345 189.9245 061.8845 355.24
Net debt25 013.5622 926.6530 857.0636 547.3934 777.46
Profitability
EBIT-%
ROA2.8 %2.5 %2.2 %3.5 %5.8 %
ROE26.1 %20.9 %16.1 %26.7 %36.5 %
ROI3.0 %2.8 %2.6 %3.5 %4.9 %
Economic value added (EVA)- 420.39- 445.40- 346.66-4.61827.46
Solvency
Equity ratio13.1 %12.2 %9.5 %11.3 %14.6 %
Gearing1382.5 %1063.3 %1177.0 %1067.8 %712.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.20.20.40.7
Current ratio0.20.20.20.40.7
Cash and cash equivalents802.5567.75568.07
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:5.78%
Rating: 45/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:14.6%
Rating: 14/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

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