RAMME MINK A/S — Credit Rating and Financial Key Figures

CVR number: 20929944
Tambohusvej 17, Hellerød 7790 Thyholm
tel: 97889331

Company information

Official name
RAMME MINK A/S
Personnel
12 persons
Established
1998
Domicile
Hellerød
Company form
Limited company
Industry

About RAMME MINK A/S

RAMME MINK A/S (CVR number: 20929944) is a company from STRUER. The company recorded a gross profit of 4929.6 kDKK in 2023. The operating profit was 3800.3 kDKK, while net earnings were 2732.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.8 %, which can be considered good but Return on Equity (ROE) was 19.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 45.4 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. RAMME MINK A/S's liquidity measured by quick ratio was 0.1 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit- 822.251 708.501 119.254 273.144 929.62
EBIT-2 785.09915.23- 328.553 355.963 800.27
Net earnings-3 088.22- 214.58- 756.212 986.862 732.41
Shareholders equity total7 916.1310 701.559 945.3412 932.2015 664.61
Balance sheet total (assets)53 313.4052 962.4136 005.5235 574.2834 487.84
Net debt39 279.6938 758.4323 162.0620 354.6816 962.87
Profitability
EBIT-%
ROA-5.0 %1.8 %-0.6 %9.7 %10.8 %
ROE-32.6 %-2.3 %-7.3 %26.1 %19.1 %
ROI-5.5 %1.9 %-0.6 %10.2 %11.3 %
Economic value added (EVA)-4 152.53- 974.64-1 828.852 425.802 700.50
Solvency
Equity ratio15.9 %20.2 %27.6 %36.4 %45.4 %
Gearing496.2 %362.2 %232.9 %157.4 %108.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.30.10.00.1
Current ratio0.40.50.30.10.1
Cash and cash equivalents1.590.761.71
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAAAAA

Variable visualization

ROA:10.8%
Rating: 60/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:45.4%
Rating: 37/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member

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