RINGSTED MØBELLAND ApS — Credit Rating and Financial Key Figures

CVR number: 12777574
Kobbervej 3, Benløse 4100 Ringsted
tel: 57611180

Credit rating

Company information

Official name
RINGSTED MØBELLAND ApS
Personnel
7 persons
Established
1989
Domicile
Benløse
Company form
Private limited company
Industry

About RINGSTED MØBELLAND ApS

RINGSTED MØBELLAND ApS (CVR number: 12777574) is a company from RINGSTED. The company recorded a gross profit of 11.6 mDKK in 2023. The operating profit was 5199.5 kDKK, while net earnings were 3956.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.3 %, which can be considered good and Return on Equity (ROE) was 13.6 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 70.4 %, 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. RINGSTED MØBELLAND ApS's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

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 profit8 209.5610 474.5914 312.2211 700.5611 589.76
EBIT3 384.254 833.008 402.655 363.525 199.47
Net earnings3 127.914 813.256 970.203 150.083 956.36
Shareholders equity total28 270.5333 083.7840 053.9827 204.0631 160.42
Balance sheet total (assets)44 370.5451 941.2457 229.9041 261.2045 898.66
Net debt-6 780.63-13 824.03-16 281.78-4 804.97-9 468.70
Profitability
EBIT-%
ROA9.6 %13.4 %16.5 %11.5 %12.3 %
ROE11.7 %15.7 %19.1 %9.4 %13.6 %
ROI11.5 %16.7 %21.1 %14.4 %15.1 %
Economic value added (EVA)1 840.502 779.865 666.513 012.263 127.90
Solvency
Equity ratio65.3 %67.1 %72.6 %68.1 %70.4 %
Gearing25.6 %14.0 %8.1 %14.3 %11.2 %
Relative net indebtedness %
Liquidity
Quick ratio2.12.12.61.01.4
Current ratio3.32.73.42.22.5
Cash and cash equivalents14 026.2918 453.7919 510.388 693.4112 959.16
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAAAAAA

Variable visualization

ROA:12.3%
Rating: 62/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:70.4%
Rating: 53/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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