Ringkøbing Håndbold A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 2 751.37 | 4 568.19 | 4 672.94 | 4 979.65 | 5 430.92 |
| Gross profit | 1 426.66 | 1 702.99 | 2 243.15 | 2 832.22 | 2 897.66 |
| EBIT | 26.69 | - 283.40 | - 392.26 | 21.38 | 1.64 |
| Net earnings | 11.27 | - 233.65 | - 351.68 | 7.79 | 2.64 |
| Shareholders equity total | 775.50 | 541.85 | 190.18 | 197.97 | 200.61 |
| Balance sheet total (assets) | 1 153.97 | 851.75 | 1 355.65 | 730.38 | 832.63 |
| Net debt | - 937.28 | - 564.49 | - 140.43 | - 147.43 | - 363.00 |
| Profitability | |||||
| EBIT-% | 1.0 % | -6.2 % | -8.4 % | 0.4 % | 0.0 % |
| ROA | 2.4 % | -28.3 % | -35.5 % | 2.2 % | 0.3 % |
| ROE | 1.5 % | -35.5 % | -96.1 % | 4.0 % | 1.3 % |
| ROI | 3.5 % | -43.0 % | -91.5 % | 7.1 % | 0.8 % |
| Economic value added (EVA) | -18.76 | - 262.48 | - 378.14 | -0.66 | -14.59 |
| Solvency | |||||
| Equity ratio | 67.2 % | 63.6 % | 23.2 % | 44.2 % | 39.1 % |
| Gearing | 0.0 % | 65.7 % | 63.1 % | 62.3 % | |
| Relative net indebtedness % | -20.3 % | -5.6 % | 19.3 % | 5.2 % | 2.7 % |
| Liquidity | |||||
| Quick ratio | 3.0 | 2.5 | 1.2 | 1.6 | 1.6 |
| Current ratio | 3.0 | 2.5 | 1.2 | 1.6 | 1.6 |
| Cash and cash equivalents | 937.28 | 564.49 | 265.43 | 272.43 | 488.00 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | 0.3 | 7.5 | 50.0 | 9.5 | 4.7 |
| Net working capital % | 28.2 % | 9.9 % | 4.0 % | 4.8 % | 5.2 % |
| Credit risk | |||||
| Credit rating | BBB | BBB | BBB | BB | BBB |
Variable visualization
Roles
Companies in the same industry
- Company information
- Financial data
- Credit risk data
- All 400,000+ Danish companies
- Professional credit risk reports
- Create your own estimates for any company
- Valuation analysis
- All 400,000+ Danish companies
- See instructions
... and more!
No registration needed.