RINGSTED FESTIVAL ApS — Credit Rating and Financial Key Figures

CVR number: 34042268
Odinsvej 12, 4100 Ringsted
tel: 23285676

Credit rating

Company information

Official name
RINGSTED FESTIVAL ApS
Personnel
21 persons
Established
2011
Company form
Private limited company
Industry
  • Expand more icon824000

About RINGSTED FESTIVAL ApS

RINGSTED FESTIVAL ApS (CVR number: 34042268) is a company from RINGSTED. The company recorded a gross profit of 14.4 mDKK in 2024. The operating profit was 7898.7 kDKK, while net earnings were 6067.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 17.2 %, which can be considered excellent and Return on Equity (ROE) was 89 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 35.7 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. RINGSTED FESTIVAL ApS's liquidity measured by quick ratio was 3.6 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit2 508.983 177.705 373.6611 603.6514 412.09
EBIT695.911 059.483 096.798 021.867 898.72
Net earnings491.81817.422 387.636 253.876 067.69
Shareholders equity total2 625.102 942.524 530.156 784.026 851.71
Balance sheet total (assets)14 093.2415 386.1112 387.5740 039.8654 193.28
Net debt- 843.91-1 544.51-4 178.58-23 705.19-34 279.96
Profitability
EBIT-%
ROA6.8 %7.2 %22.3 %30.6 %17.2 %
ROE19.1 %29.4 %63.9 %110.5 %89.0 %
ROI23.3 %34.9 %77.1 %134.6 %107.6 %
Economic value added (EVA)509.33737.092 344.976 236.866 951.92
Solvency
Equity ratio33.6 %35.6 %45.3 %40.9 %35.7 %
Gearing0.2 %0.0 %4.1 %
Relative net indebtedness %
Liquidity
Quick ratio2.32.42.34.93.6
Current ratio1.11.01.51.20.8
Cash and cash equivalents848.151 544.514 178.5823 706.1934 560.46
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:17.2%
Rating: 70/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:35.7%
Rating: 30/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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