REDNINGS-RINGEN, LEMVIG A/S — Credit Rating and Financial Key Figures

CVR number: 30696719
Industrivej 51, 7620 Lemvig
tel: 97820411

Company information

Official name
REDNINGS-RINGEN, LEMVIG A/S
Personnel
31 persons
Established
2007
Company form
Limited company
Industry

About REDNINGS-RINGEN, LEMVIG A/S

REDNINGS-RINGEN, LEMVIG A/S (CVR number: 30696719) is a company from LEMVIG. The company recorded a gross profit of 19.7 mDKK in 2024. The operating profit was 964.6 kDKK, while net earnings were 772.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.9 %, which can be considered decent and Return on Equity (ROE) was 6.1 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 73.5 %, 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. REDNINGS-RINGEN, LEMVIG A/S's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit15 696.3916 618.7517 307.2118 236.9519 694.57
EBIT986.861 321.471 021.821 404.84964.63
Net earnings734.981 046.33781.551 097.15772.47
Shareholders equity total9 264.2910 310.6211 092.1712 189.3212 961.79
Balance sheet total (assets)20 608.8418 721.9519 108.0320 286.7321 168.42
Net debt1 770.341 005.61- 312.92-2 183.80- 681.75
Profitability
EBIT-%
ROA5.0 %6.8 %5.5 %7.2 %4.9 %
ROE8.3 %10.7 %7.3 %9.4 %6.1 %
ROI7.9 %10.6 %8.2 %10.8 %7.2 %
Economic value added (EVA)153.37447.34163.77458.3356.40
Solvency
Equity ratio53.9 %67.3 %71.2 %72.8 %73.5 %
Gearing19.4 %10.0 %3.2 %1.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.50.50.91.41.0
Current ratio0.40.30.50.70.5
Cash and cash equivalents24.9727.90668.712 310.34681.75
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:4.88%
Rating: 43/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:73.5%
Rating: 55/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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