RINGKØBING-SKJERN VAND A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About RINGKØBING-SKJERN VAND A/S
RINGKØBING-SKJERN VAND A/S (CVR number: 27464343) is a company from RINGKØBING-SKJERN. The company reported a net sales of 51.9 mDKK in 2024, demonstrating a growth of 3.5 % compared to the previous year. The operating profit percentage was at 13.7 % (EBIT: 7.1 mDKK), while net earnings were 6223 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1 %, which can be considered weak and Return on Equity (ROE) was 0.9 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 79.5 %, 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. RINGKØBING-SKJERN VAND A/S's liquidity measured by quick ratio was 8 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 (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 44.70 | 43.67 | 43.68 | 50.19 | 51.95 |
Gross profit | 32.74 | 30.21 | 32.10 | 36.96 | 36.49 |
EBIT | 5.52 | 2.62 | 3.95 | 8.33 | 7.13 |
Net earnings | 2.28 | -0.36 | 1.03 | 6.30 | 6.22 |
Shareholders equity total | 681.35 | 680.99 | 682.02 | 688.32 | 694.54 |
Balance sheet total (assets) | 898.88 | 878.16 | 876.26 | 878.09 | 877.10 |
Net debt | 113.94 | 109.89 | |||
Profitability | |||||
EBIT-% | 12.4 % | 6.0 % | 9.0 % | 16.6 % | 13.7 % |
ROA | 0.6 % | 0.3 % | 0.5 % | 1.0 % | 1.0 % |
ROE | 0.3 % | -0.1 % | 0.2 % | 0.9 % | 0.9 % |
ROI | 0.6 % | 0.3 % | 0.5 % | 1.1 % | 1.1 % |
Economic value added (EVA) | -28.60 | -31.62 | -30.27 | -25.94 | -34.49 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 78.5 % | 79.5 % |
Gearing | 20.3 % | 18.8 % | |||
Relative net indebtedness % | 326.7 % | 311.7 % | |||
Liquidity | |||||
Quick ratio | 5.0 | 8.0 | |||
Current ratio | 4.5 | 5.8 | |||
Cash and cash equivalents | 25.83 | 20.65 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 12.7 | 27.4 | |||
Net working capital % | 104.7 % | 117.9 % | |||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | AAA | AAA |
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