RYNKEBY FOODS A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About RYNKEBY FOODS A/S
RYNKEBY FOODS A/S (CVR number: 19982912) is a company from FAABORG-MIDTFYN. The company reported a net sales of 1132.4 mDKK in 2024, demonstrating a growth of 10.4 % compared to the previous year. The operating profit percentage was at 1.1 % (EBIT: 12.1 mDKK), while net earnings were 9332 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.6 %, 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 76.9 %, 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. RYNKEBY FOODS A/S's liquidity measured by quick ratio was 1.2 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 864.01 | 913.04 | 977.89 | 1 026.05 | 1 132.38 |
Gross profit | 216.32 | 197.51 | 184.97 | 207.91 | 200.84 |
EBIT | 15.93 | 16.31 | -9.61 | 10.52 | 12.10 |
Net earnings | 1.12 | 9.06 | -6.77 | 4.75 | 9.33 |
Shareholders equity total | 695.10 | 704.16 | 697.39 | 702.14 | 711.47 |
Balance sheet total (assets) | 951.06 | 914.26 | 967.76 | 912.61 | 924.75 |
Net debt | 28.23 | 26.25 | |||
Profitability | |||||
EBIT-% | 1.8 % | 1.8 % | -1.0 % | 1.0 % | 1.1 % |
ROA | 1.7 % | 1.7 % | -1.0 % | 1.3 % | 1.6 % |
ROE | 0.2 % | 1.3 % | -1.0 % | 0.7 % | 1.3 % |
ROI | 1.7 % | 1.7 % | -1.0 % | 1.4 % | 1.9 % |
Economic value added (EVA) | -18.94 | -18.62 | -45.00 | -27.58 | -24.31 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 76.9 % | 76.9 % |
Gearing | 11.3 % | 8.5 % | |||
Relative net indebtedness % | 13.5 % | 13.6 % | |||
Liquidity | |||||
Quick ratio | 1.1 | 1.2 | |||
Current ratio | 1.5 | 1.7 | |||
Cash and cash equivalents | 51.11 | 34.13 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 43.6 | 44.3 | |||
Net working capital % | 9.4 % | 11.4 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | AAA | AAA |
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