DIT KØKKEN, RINGE ApS — Credit Rating and Financial Key Figures

CVR number: 29239878
Engvangen 20, 5750 Ringe
clausfribonielsen@gmail.com
tel: 62621400

Credit rating

Company information

Official name
DIT KØKKEN, RINGE ApS
Personnel
2 persons
Established
2006
Company form
Private limited company
Industry

About DIT KØKKEN, RINGE ApS

DIT KØKKEN, RINGE ApS (CVR number: 29239878) is a company from FAABORG-MIDTFYN. The company recorded a gross profit of 440.3 kDKK in 2020. The operating profit was -68 kDKK, while net earnings were -68.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -4.7 %, which can be considered poor and Return on Equity (ROE) was -10.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 45.1 %, 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. DIT KØKKEN, RINGE ApS's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2016
2017
2018
2019
2020
Volume
Net sales
Gross profit746.29517.73652.51537.43440.30
EBIT459.3271.15208.8942.80-68.03
Net earnings342.2340.70149.1918.64-68.58
Shareholders equity total483.31524.00673.19691.84623.25
Balance sheet total (assets)1 341.741 619.561 594.871 395.891 526.97
Net debt153.39386.8850.4936.29- 250.18
Profitability
EBIT-%
ROA34.2 %4.8 %13.0 %2.9 %-4.7 %
ROE70.8 %8.1 %24.9 %2.7 %-10.4 %
ROI72.0 %9.2 %25.6 %5.9 %-10.0 %
Economic value added (EVA)357.3329.95136.11-1.95-88.44
Solvency
Equity ratio36.0 %32.4 %42.2 %49.6 %45.1 %
Gearing32.1 %73.9 %7.5 %6.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.30.50.60.50.9
Current ratio1.61.51.72.01.7
Cash and cash equivalents1.700.356.35250.18
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:-4.65%
Rating: 15/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:45.1%
Rating: 37/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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