RINGTVED A/S — Credit Rating and Financial Key Figures

CVR number: 10224098
C. E. Christiansens Vej 3, 4930 Maribo
tel: 54783688

Company information

Official name
RINGTVED A/S
Personnel
33 persons
Established
1986
Company form
Limited company
Industry

About RINGTVED A/S

RINGTVED A/S (CVR number: 10224098) is a company from LOLLAND. The company recorded a gross profit of 16.8 mDKK in 2023. The operating profit was 2338 kDKK, while net earnings were 1791.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 20.1 %, which can be considered excellent and Return on Equity (ROE) was 36.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 42.3 %, 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. RINGTVED A/S's liquidity measured by quick ratio was 1.4 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit14 091.3015 416.9416 291.0515 397.3316 752.94
EBIT1 577.031 222.352 449.282 314.072 337.98
Net earnings1 370.65884.031 796.461 705.961 791.65
Shareholders equity total4 416.194 000.224 996.694 902.644 994.30
Balance sheet total (assets)15 028.7316 300.8911 534.8011 697.4612 166.01
Net debt-2 924.92-2 907.21-3 286.33-2 734.76- 438.07
Profitability
EBIT-%
ROA12.0 %7.9 %17.7 %20.0 %20.1 %
ROE30.9 %21.0 %39.9 %34.5 %36.2 %
ROI21.7 %14.8 %32.5 %34.2 %33.6 %
Economic value added (EVA)1 378.111 013.672 082.921 788.481 820.87
Solvency
Equity ratio29.8 %25.1 %44.8 %43.2 %42.3 %
Gearing61.3 %114.5 %27.7 %43.1 %39.4 %
Relative net indebtedness %
Liquidity
Quick ratio1.31.11.61.51.4
Current ratio1.31.11.51.51.3
Cash and cash equivalents5 632.657 487.764 668.044 849.312 407.19
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAA

Variable visualization

ROA:20.1%
Rating: 74/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:42.3%
Rating: 35/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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