VESTRE RINGGADE 62 ApS — Credit Rating and Financial Key Figures

CVR number: 30564839
Torvet 1, 6900 Skjern

Company information

Official name
VESTRE RINGGADE 62 ApS
Established
2007
Company form
Private limited company
Industry

About VESTRE RINGGADE 62 ApS

VESTRE RINGGADE 62 ApS (CVR number: 30564839) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of 0 kDKK in 2017. The operating profit was 0 kDKK, while net earnings were 2.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.3 %, which can be considered weak and Return on Equity (ROE) was 0.2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 60.9 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. VESTRE RINGGADE 62 ApS's liquidity measured by quick ratio was 2.6 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
2016
2017
Volume
Net sales
Gross profit392.20
EBIT292.27
Net earnings180.262.22
Shareholders equity total1 683.87152.22
Balance sheet total (assets)1 854.29249.81
Net debt-1 754.29- 146.81
Profitability
EBIT-%
ROA15.8 %0.3 %
ROE10.7 %0.2 %
ROI17.4 %0.3 %
Economic value added (EVA)207.513.54
Solvency
Equity ratio90.8 %60.9 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio10.92.6
Current ratio10.92.6
Cash and cash equivalents1 754.29146.81
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBB

Variable visualization

ROA:0.29%
Rating: 21/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:60.9%
Rating: 47/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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