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
18 persons
Established
2011
Company form
Private limited company
Industry
  • Expand more icon79Travel agency, tour operator and other reservation service and related activities

About RINGSTED FESTIVAL ApS

RINGSTED FESTIVAL ApS (CVR number: 34042268) is a company from RINGSTED. The company recorded a gross profit of 11.6 mDKK in 2023. The operating profit was 8021.9 kDKK, while net earnings were 6253.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 30.6 %, which can be considered excellent and Return on Equity (ROE) was 110.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 40.9 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. RINGSTED FESTIVAL ApS's liquidity measured by quick ratio was 4.9 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
20192020202120222023
Volume
Net sales
Gross profit2 568.272 508.983 177.705 373.6611 603.65
EBIT778.24695.911 059.483 096.798 021.86
Net earnings477.80491.81817.422 387.636 253.87
Shareholders equity total2 533.292 625.102 942.524 530.156 784.02
Balance sheet total (assets)6 426.9414 093.2415 386.1112 387.5740 039.86
Net debt-1 734.39- 843.91-1 544.51-4 178.58-23 705.19
Profitability
EBIT-%
ROA11.1 %6.8 %7.2 %22.3 %30.6 %
ROE19.2 %19.1 %29.4 %63.9 %110.5 %
ROI27.1 %23.3 %34.9 %77.1 %134.6 %
Economic value added (EVA)451.19509.33737.092 344.976 236.86
Solvency
Equity ratio40.9 %33.6 %35.6 %45.3 %40.9 %
Gearing12.5 %0.2 %0.0 %
Relative net indebtedness %
Liquidity
Quick ratio1.02.32.42.34.9
Current ratio1.01.11.01.51.2
Cash and cash equivalents2 050.59848.151 544.514 178.5823 706.19
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBAAA

Variable visualization

ROA:30.6%
Rating: 84/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:40.9%
Rating: 34/100
-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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