RYNKEBY FOODS A/S — Credit Rating and Financial Key Figures

CVR number: 19982912
Vestergade 30, 5750 Ringe
tel: 63623434

Credit rating

Company information

Official name
RYNKEBY FOODS A/S
Personnel
245 persons
Established
1967
Company form
Limited company
Industry
  • Expand more icon10Manufacture of food products

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 financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales864.01913.04977.891 026.051 132.38
Gross profit216.32197.51184.97207.91200.84
EBIT15.9316.31-9.6110.5212.10
Net earnings1.129.06-6.774.759.33
Shareholders equity total695.10704.16697.39702.14711.47
Balance sheet total (assets)951.06914.26967.76912.61924.75
Net debt28.2326.25
Profitability
EBIT-%1.8 %1.8 %-1.0 %1.0 %1.1 %
ROA1.7 %1.7 %-1.0 %1.3 %1.6 %
ROE0.2 %1.3 %-1.0 %0.7 %1.3 %
ROI1.7 %1.7 %-1.0 %1.4 %1.9 %
Economic value added (EVA)-18.94-18.62-45.00-27.58-24.31
Solvency
Equity ratio100.0 %100.0 %100.0 %76.9 %76.9 %
Gearing11.3 %8.5 %
Relative net indebtedness %13.5 %13.6 %
Liquidity
Quick ratio1.11.2
Current ratio1.51.7
Cash and cash equivalents51.1134.13
Capital use efficiency
Trade debtors turnover (days)43.644.3
Net working capital %9.4 %11.4 %
Credit risk
Credit ratingBBBBBBBBBAAAAAA

Variable visualization

ROA:1.61%
Rating: 28/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:76.9%
Rating: 57/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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