Ingvarsen Ringsted A/S
A/SDissolvedAdvertising protectionCVR 36976314Odinsvej 18, 4100 RingstedJoinery installation· NACE 4332Est. 2015 · 11 years old23 employees
Loading company…
Overview
Ingvarsen Ringsted A/S is a Danish A/S based in Ringsted, operating in the Joinery installation sector. Incorporated in 2015, the company has 23 employees and reported a gross profit of DKK 15.9m in its latest annual filing.
Gross profit 2017
15.9M DKK
+14% vs 2016
EBITDA margin (of gross profit)
13.2 %
−46% vs 2016
Net profit 2017
1.2M DKK
-56% vs 2016
Key ratios
See full ratios →Solidity ratioEquity ÷ Total assets × 100
46.0 %
AverageAround the average of companies in the same industry
20162017
Liquidity ratioCurrent assets ÷ Short-term debt
1.5×
AverageAround the average of companies in the same industry
20162017
Return on assets (ROA)Net profit ÷ Total assets × 100
12.5 %
StrongAmong the 40% highest rated companies in the industry
20162017
EBITDA — year on year
DKK thousandsKey figures
Annual report 2017| Gross profit | 15.9M DKK | +14% |
| EBITDA | 2.1M DKK | -46% |
| Net profit | 1.2M DKK | -56% |
| Total assets | 9.6M DKK | -28% |
| Equity | 4.4M DKK | +37% |
| Employees | 23 | — |
Company information
Legal name
Ingvarsen Ringsted A/S
CVR number
36976314
Legal form
Aktieselskab
NACE code
4332 · Joinery installation
Founded
1 August 2015 · 11 years
Share capital
DKK 500,000
Employees
23 (FTE)
VAT registered
No
Audit selected
No
Last report
2017-06-30
Financial year
January – December
Signatory rights
Selskabet tegnes af direktionen eller af formanden og næstformanden i forening eller af den samlede bestyrelse.
Contact
Address
Odinsvej 18, 4100 Ringsted
Advertising protection
Active — opted out of marketing use
Risika for professionals
Risika provides regulated workflow tools for finance, procurement and compliance teams that need monitoring, alerts and an API.
Financial development
In its most recent annual report (2017), Ingvarsen Ringsted A/S reported a gross profit of DKK 15.9m, an increase of 14% on the year before. The figures on this page draw on 2 annual filings covering 2016 to 2017. The bottom line showed a net profit of DKK 1.2m, and the EBITDA margin stood at 13.2%.
At the end of 2017, equity financed 46% of the balance sheet, and current assets covered short-term debt 1.5 times.
Financials
Gross profit
DKK millionsEBITDA
DKK thousandsIncome statement
DKK thousands| Item | 2017 | 2016 |
|---|---|---|
| Gross profit | 15,851 | 13,861 |
| Staff expenses | -13,745 | -9,967 |
| EBITDA | 2,087 | 3,893 |
| Depreciation & amort. | -492 | -328 |
| EBIT | 1,595 | 3,566 |
| Net financials | -52 | -78 |
| Profit before tax | 1,543 | 3,488 |
| Tax | 345 | 770 |
| Net profit | 1,199 | 2,719 |
Get a credit rating – not just the numbers
Financial statements show the past. Risika gives you a score and a recommended credit limit, so you know what the numbers mean for your risk.
Balance sheet
DKK thousands| Item | 2017 | 2016 |
|---|---|---|
| Total assets | 9,601 | 13,276 |
| Equity | 4,417 | 3,219 |
| Long-term debt | 0 | 1,214 |
| Short-term debt | 5,068 | 8,111 |
| Total debt | 5,068 | 9,325 |
Financial ratios
5-year trendEBITDA margin (of gross profit)
13.2 %
20162017
Equity ratio
46.0 %
AverageAround the average of companies in the same industry
20162017
Return on equity
27.1 %
AverageAround the average of companies in the same industry
20162017
Net profit margin (of gross profit)
7.6 %
20162017
Asset turnover (of gross profit)
1.65×
20162017
Debt / equity
1.17×
AverageAround the average of companies in the same industry
20162017
Sector performance
23 of 28 ratios graded28 financial ratios from the latest filing, each graded against companies in the same industry.
Profitability
Return on equity (ROE)Average
Around the average of companies in the same industry
Net profit as a percentage of equity — the return the owners earned on their invested capital this year.
Return on assets (ROA)Strong
Among the 40% highest rated companies in the industry
Net profit as a percentage of total assets — the return generated on the capital employed.
Return on net assets (RONA)Average
Around the average of companies in the same industry
Profit relative to net assets (total assets minus total debt) — the ability to generate earnings from the net asset base alone.
Basic earning power (BEP)Strong
Among the 40% highest rated companies in the industry
EBIT relative to total assets — the company's earning power before the effects of tax and financial leverage.
Capacity ratioAverage
Around the average of companies in the same industry
Shows how strongly fixed costs weigh on the gross result — a high ratio means fixed costs take only a small bite out of the earnings from basic operations.
Gross marginNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
The gross result as a share of revenue — how much of the revenue is left after variable costs to cover the company's fixed costs.
Operating marginNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
EBIT as a share of revenue — the share of revenue remaining as earnings once all operating costs are covered. A key measure of earning power.
Net profit marginNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
The profit for the year as a share of revenue — the company's ability to turn revenue into profit.
Liquidity
Current ratioAverage
Around the average of companies in the same industry
Current assets relative to short-term debt — the ability to settle short-term obligations with current assets alone. Around 150% is considered satisfactory from a credit perspective.
Quick ratioAverage
Around the average of companies in the same industry
Current assets excluding inventory relative to short-term debt — whether the most liquid assets alone can cover the short-term obligations. A value of 1 or above signals a healthy liquidity position.
Cash ratioAverage
Around the average of companies in the same industry
Cash relative to short-term debt — the ability to repay short-term obligations with cash alone.
Current assets to equityAverage
Around the average of companies in the same industry
Current assets relative to equity — an indicator of the balance-sheet structure and of the company's short- and long-term financing. The healthy level is highly industry-dependent.
Fixed assets to long-term capitalWeak
Among the 40% lowest rated companies in the industry
Fixed assets relative to long-term capital (equity plus long-term liabilities). Below 100% means the long-term capital finances more than just the fixed assets — a healthier liquidity position.
Cash conversion ratioStrong
Among the 30% highest rated companies in the industry
Cash flow relative to profit — the ability to convert reported profits into accessible cash.
Debt & solvency
Solidity ratioAverage
Around the average of companies in the same industry
Equity as a share of total assets — the ability to absorb losses. Around 40% is considered satisfactory from a credit perspective.
Debt ratioAverage
Around the average of companies in the same industry
Total debt relative to the balance-sheet total — the share of the assets financed by debt rather than equity.
Debt to equityAverage
Around the average of companies in the same industry
Debt relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.
Liabilities to equityAverage
Around the average of companies in the same industry
Total liabilities relative to equity — whether the company operates primarily on borrowed capital or on its own.
Income to debtStrong
Among the 40% highest rated companies in the industry
Profit relative to debt — the ability to create earnings while operating with debt.
EBITDA to debtStrong
Among the 40% highest rated companies in the industry
EBITDA relative to debt — how much operating earnings are available to service the debt.
Interest coverageStrong
Among the 40% highest rated companies in the industry
The ability to pay the interest on the company's debt out of its earnings.
Interest rate on debtAverage
Around the average of companies in the same industry
Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.
Interest marginStrong
Among the 40% highest rated companies in the industry
The return on assets minus the interest rate on debt. Positive means the company benefits from operating with debt; negative means the debt makes it worse off.
Efficiency & development
Equity to contributed capitalStrong
Among the 40% highest rated companies in the industry
Total equity relative to the capital the owners contributed — how the equity has developed from its starting point.
One-year change in equityStrong
Among the 30% highest rated companies in the industry
The size of this year's increase or decrease in the company's equity.
One-year change in debtVery strong
Among the 10% highest rated companies in the industry
The size of this year's increase or decrease in the company's debt.
Asset turnoverNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
Revenue relative to total assets — the ability to generate revenue from the asset base.
Inventory turnoverNot rated
Cannot be graded — the figures this ratio builds on are not available in the latest filing.
Revenue relative to inventory — how many times a year the inventory is sold and replaced. A low value can indicate weak sales or excess inventory.
Annual reports & filings
People & ownership
Management
Actively employed in the business| Name | Role | Member since |
|---|
Former (1)
SR Management | Management | 2015 – 2018 |
Board of directors
Non-executive oversight| Name | Role | Member since |
|---|
Former (6)
TS Chairman | Chairman | 2018 – 2018 |
SR Board of Directors | Board of Directors | 2015 – 2018 |
TE Chairman | Chairman | 2015 – 2017 |
BB Board of Directors | Board of Directors | 2017 – 2018 |
HS Chairman | Chairman | 2017 – 2018 |
AH Deputy Chairman | Deputy Chairman | 2015 – 2017 |
Shareholders
Active legal owners| Shareholder | Type | Ownership | Votes | Registered |
|---|---|---|---|---|
| Company | 100% | 100% | 2015 |
Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.
One in three Danish companies experiences fraud
Sound familiar? See how to strengthen your defences and catch suspicious changes in ownership and management in time.
Related companies
Company hierarchy
RØLUND HOLDING ApS
Ingvarsen Ringsted A/S Board network connections
Board members of Ingvarsen Ringsted A/S also hold positions in 32 other companies.
| Person | Role here | Other companies |
|---|---|---|
| Henrik Skaanderup | Chairman | 16 companiesMany roles |
| Bjarne Brandt Pedersen | Board of Directors | 6 companiesMany roles |
| Torsten Svendsen | Chairman | 5 companies |
| Steff Rølund Andersen | Management | 3 companies |
| Anne-Mette Hvidtsted | Deputy Chairman | 2 companies |
Frequently asked questions
What is the CVR number of Ingvarsen Ringsted A/S?
Ingvarsen Ringsted A/S is registered with CVR / Virk under CVR 36976314.
What is the gross profit of Ingvarsen Ringsted A/S?
Ingvarsen Ringsted A/S reported a gross profit of DKK 15.9m in 2017.
How many employees does Ingvarsen Ringsted A/S have?
Ingvarsen Ringsted A/S employs 23 people as of the latest annual report.
Where is Ingvarsen Ringsted A/S headquartered?
Ingvarsen Ringsted A/S's registered address is Odinsvej 18.