Redning Danmark Ringsted ApS

CVR number: 34220522
Fluebæksvej 43, Benløse 4100 Ringsted

Credit rating

Company information

Official name
Redning Danmark Ringsted ApS
Personnel
9 persons
Established
2012
Domicile
Benløse
Company form
Private limited company
Industry
  • Expand more icon52Warehousing and support activities for transportation

About Redning Danmark Ringsted ApS

Redning Danmark Ringsted ApS (CVR number: 34220522) is a company from RINGSTED. The company recorded a gross profit of 7116.8 kDKK in 2020. The operating profit was -509.7 kDKK, while net earnings were -686.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -5.7 %, which can be considered poor and Return on Equity (ROE) was -8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -8.2 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Redning Danmark Ringsted ApS's liquidity measured by quick ratio was 0.3 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20162017201820192020
Volume
Net sales
Gross profit3 718.513 867.52-57.907 597.927 116.81
EBIT112.54729.7411.31- 423.58- 509.74
Net earnings33.40502.318.64- 545.78- 686.70
Shareholders equity total298.72801.03809.68-45.78- 732.48
Balance sheet total (assets)3 035.394 615.402 153.118 939.698 151.36
Net debt1 011.192 018.621 288.561 795.411 805.84
Profitability
EBIT-%
ROA4.7 %19.5 %0.9 %-7.6 %-5.7 %
ROE11.2 %91.3 %1.1 %-11.2 %-8.0 %
ROI6.2 %29.1 %1.2 %-10.7 %-9.2 %
Economic value added (EVA)88.89555.78-47.41- 494.36- 478.14
Solvency
Equity ratio9.8 %17.4 %37.6 %-0.5 %-8.2 %
Gearing340.2 %252.2 %160.2 %-4040.4 %-254.9 %
Relative net indebtedness %
Liquidity
Quick ratio0.41.31.60.30.3
Current ratio0.41.31.60.30.3
Cash and cash equivalents5.071.328.2454.2460.95
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:-5.70%
Rating: 14/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-8.25%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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