Ringtved Ejendomme ApS

CVR number: 38432184
C. E. Christiansens Vej 3, 4930 Maribo
cr@ringtvedas.dk
tel: 54781415

Credit rating

Company information

Official name
Ringtved Ejendomme ApS
Established
2017
Company form
Private limited company
Industry
  • Expand more icon68Real estate activities

About Ringtved Ejendomme ApS

Ringtved Ejendomme ApS (CVR number: 38432184) is a company from LOLLAND. The company recorded a gross profit of 1093.7 kDKK in 2023. The operating profit was 954.3 kDKK, while net earnings were 521.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.5 %, which can be considered good but Return on Equity (ROE) was 94.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 8.3 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Ringtved Ejendomme ApS's liquidity measured by quick ratio was 0.2 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
20192020202120222023
Volume
Net sales
Gross profit718.36871.01894.59969.161 093.70
EBIT614.65731.87755.23829.79954.33
Net earnings386.03356.90506.51476.73521.18
Shareholders equity total963.331 320.241 526.75527.48571.66
Balance sheet total (assets)6 120.077 504.177 903.118 431.716 927.41
Net debt4 109.384 803.524 398.585 300.245 080.26
Profitability
EBIT-%
ROA10.4 %10.7 %9.8 %10.2 %12.5 %
ROE50.1 %31.3 %35.6 %46.4 %94.8 %
ROI11.1 %11.4 %10.4 %10.9 %13.5 %
Economic value added (EVA)278.15317.45287.59373.79558.37
Solvency
Equity ratio15.7 %17.6 %19.3 %6.3 %8.3 %
Gearing462.6 %410.0 %363.2 %1324.2 %942.7 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.50.70.50.2
Current ratio0.20.50.70.50.2
Cash and cash equivalents346.84608.861 147.171 684.93308.98
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAA

Variable visualization

ROA:12.5%
Rating: 62/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:8.25%
Rating: 8/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

Build time: 2024-11-27T03:06:57.689Z

Try the full version of our system for free
Bankruptcy risk visualization example

... and more!

No registration needed.