Ringkøbing Håndbold A/S — Credit Rating and Financial Key Figures

CVR number: 30600304
Kirkevej 26, Rindum 6950 Ringkøbing
torben@ringkobinghaandbold.dk
tel: 24430708
Free credit report Annual report

Credit rating

Company information

Official name
Ringkøbing Håndbold A/S
Personnel
16 persons
Established
2007
Domicile
Rindum
Company form
Limited company
Industry

About Ringkøbing Håndbold A/S

Ringkøbing Håndbold A/S (CVR number: 30600304) is a company from RINGKØBING-SKJERN. The company reported a net sales of 5.4 mDKK in 2024, demonstrating a growth of 9.1 % compared to the previous year. The operating profit percentage was at 0 % (EBIT: 0 mDKK), while net earnings were 2.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.3 %, which can be considered weak and Return on Equity (ROE) was 1.3 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 39.1 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Ringkøbing Håndbold A/S's liquidity measured by quick ratio was 1.6 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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales2 751.374 568.194 672.944 979.655 430.92
Gross profit1 426.661 702.992 243.152 832.222 897.66
EBIT26.69- 283.40- 392.2621.381.64
Net earnings11.27- 233.65- 351.687.792.64
Shareholders equity total775.50541.85190.18197.97200.61
Balance sheet total (assets)1 153.97851.751 355.65730.38832.63
Net debt- 937.28- 564.49- 140.43- 147.43- 363.00
Profitability
EBIT-%1.0 %-6.2 %-8.4 %0.4 %0.0 %
ROA2.4 %-28.3 %-35.5 %2.2 %0.3 %
ROE1.5 %-35.5 %-96.1 %4.0 %1.3 %
ROI3.5 %-43.0 %-91.5 %7.1 %0.8 %
Economic value added (EVA)-18.76- 262.48- 378.14-0.66-14.59
Solvency
Equity ratio67.2 %63.6 %23.2 %44.2 %39.1 %
Gearing0.0 %65.7 %63.1 %62.3 %
Relative net indebtedness %-20.3 %-5.6 %19.3 %5.2 %2.7 %
Liquidity
Quick ratio3.02.51.21.61.6
Current ratio3.02.51.21.61.6
Cash and cash equivalents937.28564.49265.43272.43488.00
Capital use efficiency
Trade debtors turnover (days)0.37.550.09.54.7
Net working capital %28.2 %9.9 %4.0 %4.8 %5.2 %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:0.34%
Rating: 22/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:39.1%
Rating: 32/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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