Ramirent Oy
Business ID: 0977135-4
- Revenue15 932 816.00
- Operating profit (loss)-1 945 115.00
- Equity ratio %32.08
- Operating profit %-12.21
Brief description of the company
Ramirent Oy is a leading construction equipment rental company in Finland. The company's revenue for the fiscal year ending on December 31, 2023, was approximately 15.9 million euros. However, the company has experienced a decrease in revenue growth by 11.23%, indicating a challenging business environment or potential internal issues affecting sales. The company's operating profit margin and EBITDA margin are both negative, at -12.21% and -12.00% respectively, suggesting that the company is currently not profitable from its operations. This could be due to high operating costs or low pricing of its rental services. Despite these challenges, the company has a positive net profit margin of 100.52%, suggesting that it has other income sources or has significantly reduced its non-operating expenses. The company's return on invested capital and total capital return are relatively low at 2.62% and 2.14% respectively, indicating that the company is not generating high returns from its invested capital. The company's equity ratio is 32.08%, which is relatively low, indicating a high level of debt compared to equity. This is further supported by the company's high relative net indebtedness of 3200.53%, suggesting that the company is heavily reliant on debt financing. The company employs 22 people, indicating that it is a small to medium-sized enterprise. Based on the information on the company's website, Ramirent Oy is committed to providing personalized services and uses social media, advertising, and analytics partners to enhance its services and reach out to its customers.
In conclusion, Ramirent Oy is a leading player in the construction equipment rental industry in Finland. However, the company is currently facing financial challenges, as indicated by its negative revenue growth and operating profit margin. Despite these challenges, the company is still able to generate a positive net profit margin, suggesting effective cost management or other income sources. The company's high level of indebtedness could pose a risk to its financial stability in the long term.
- Revenue15 932 816.00
- Operating profit (loss)-1 945 115.00
- Equity ratio %32.08
- Operating profit %-12.21
- Revenue growth %-11.23
- Operating profit margin %-12.00
- Net profit %100.52
- Return on invested capital %2.62
- Return on total capital %2.14
- Relative net indebtedness %3 200.53
- Personnel22
Evolution of the company's turnover
No, the company's revenue is not developing positively. The revenue in 2023 is 15932816.00, which is lower than the revenue in 2022, which was 17948914.00. Furthermore, the revenue growth percentage in 2023 is -11.23%, indicating a decrease in revenue compared to the previous year.
The company's revenue is decreasing, which indicates a negative development in the company's financial performance.
- Revenue15 932 816.00
- Operating profit (loss)-1 945 115.00
- Equity ratio %32.08
- Operating profit %-12.21
- Revenue growth %-11.23
Evolution of the company's operating profit
The company's operating profit (liikevoitto) does not seem to be developing positively. In 2022, the company reported an operating loss of -738450.00, and this loss increased to -1945115.00 in 2023. This indicates a negative trend in the company's operating profit.
The company's operating profit is not developing positively as the losses are increasing year over year.
- Revenue15 932 816.00
- Operating profit (loss)-1 945 115.00
- Equity ratio %32.08
- Operating profit %-12.21
Turnover per employee
The revenue per employee can be calculated by dividing the total revenue by the number of employees. In this case, the total revenue is 15932816.00 and the number of employees is 22. Therefore, each employee brings in approximately 724219.82 in revenue for the company.
In conclusion, each employee at Ramirent Oy contributes significantly to the company's revenue, generating over 700,000 in revenue individually. This could indicate a high level of productivity and efficiency within the workforce.
- Revenue15 932 816.00
- Operating profit (loss)-1 945 115.00
- Equity ratio %32.08
- Operating profit %-12.21
- Personnel22
Operating profit per employee
Each employee contributes approximately -€88,414.32 to the company's operating profit.
The company is currently operating at a loss, and the negative operating profit per employee indicates that the company's productivity and efficiency may need to be improved.
- Revenue15 932 816.00
- Operating profit (loss)-1 945 115.00
- Equity ratio %32.08
- Operating profit %-12.21
- Personnel22
Working capital tied up in the company's activities and cash flows required by the company
The company's operations tie up -8.67% of working capital, which indicates that the company has more current liabilities than current assets. This negative working capital means that the company might need to increase its cash reserves or look for short term financing to meet its short term obligations. The high relative net indebtedness of 3200.53% also suggests that the company has a significant amount of debt compared to its equity, which could further increase its need for cash reserves.
In conclusion, the company's negative working capital and high relative net indebtedness suggest that it might need to increase its cash reserves or seek short term financing to sustain its operations.
- Revenue15 932 816.00
- Operating profit (loss)-1 945 115.00
- Equity ratio %32.08
- Operating profit %-12.21
- Relative net indebtedness %3 200.53
- Working capital %-8.67
Operating profit relative to other companies in the same industry
The company Ramirent Oy has a lower operating profit (liikevoitto) compared to the industry average. Ramirent Oy's operating profit is -1945115.00, while the industry average is 244681.32. This indicates that Ramirent Oy's profitability is worse than other companies in the same industry.
In conclusion, Ramirent Oy's operating profit is worse than the industry average, indicating a less profitable operation compared to other companies in the same industry.
- Revenue15 932 816.00
- Operating profit (loss)-1 945 115.00
- Equity ratio %32.08
- Operating profit %-12.21
Solvency in relation to other companies in the same industry
The company's financial stability, in terms of the equity ratio, is worse compared to other companies in the same industry. The equity ratio (omavaraisuusaste %) for Ramirent Oy is 32.08%, while the industry average is not provided. However, the company's relative indebtedness (suhteellinenvelkaantuneisuusprosentti) is significantly high at 3200.53%, which indicates a high level of debt compared to equity, and this could pose a risk to the company's financial stability.
In conclusion, Ramirent Oy's financial stability appears to be weaker compared to other companies in the same industry, primarily due to its high level of indebtedness.
- Revenue15 932 816.00
- Operating profit (loss)-1 945 115.00
- Equity ratio %32.08
- Operating profit %-12.21
- Relative net indebtedness %3 200.53
Liquidity in relation to other companies in the same industry
The company's payment readiness cannot be directly compared to other companies in the same industry based on the provided data. However, one key indicator of a company's ability to meet its short-term financial obligations, or its liquidity, is the "suhteellinenvelkaantuneisuusprosentti" or relative net indebtedness percentage. For Ramirent Oy, this value is extremely high at 3200.53%, which could indicate a potential issue with payment readiness. Unfortunately, the industry average for this value is not provided, so a direct comparison cannot be made. Other financial indicators such as "liikevaihto" (turnover), "liikevoitto" (operating profit), and "omavaraisuusasteprosentti" (equity ratio) also provide insight into a company's financial health and ability to meet its obligations, but again, without the corresponding industry averages, a direct comparison is not possible.
Based on the available data, it is not possible to definitively say whether Ramirent Oy's payment readiness is better or worse than other companies in the same industry. However, the high relative net indebtedness percentage could be a cause for concern.
- Revenue15 932 816.00
- Operating profit (loss)-1 945 115.00
- Equity ratio %32.08
- Operating profit %-12.21
- Relative net indebtedness %3 200.53
Return on equity relative to other companies in the same industry
The return on equity (ROE) for Ramirent Oy is not directly provided in the data. However, we can infer from the provided data that the company's return on invested capital (ROIC) is 2.62%. Unfortunately, the industry average for ROIC is not provided, so a direct comparison cannot be made. However, it's worth noting that Ramirent Oy's net profit margin is significantly higher than the industry average, which could suggest a higher ROE. But without the exact figures, it's impossible to definitively say whether Ramirent Oy's ROE is better or worse than the industry average.
Without the exact figures for both Ramirent Oy's and the industry's return on equity, a definitive comparison cannot be made. However, Ramirent Oy's high net profit margin could suggest a higher ROE compared to the industry average.
- Revenue15 932 816.00
- Operating profit (loss)-1 945 115.00
- Equity ratio %32.08
- Operating profit %-12.21
- Net profit %100.52
- Return on invested capital %2.62
Credit risk
Based on the provided data, there appears to be a significant credit risk if products or services are sold to Ramirent Oy. The company's revenue growth is negative (-11.23%), indicating a decline in business. The operating profit margin is also negative (-12.21%), suggesting that the company is not generating enough profit from its operations. Furthermore, the company's relative net indebtedness is extremely high (3200.53%), indicating a high level of debt compared to its equity. This could make it difficult for the company to meet its financial obligations. The company's return on invested capital is also quite low (2.62%), suggesting inefficient use of capital. However, the company's net profit margin is positive (100.52%), which is a positive sign. But overall, the negative factors outweigh the positive ones, indicating a high credit risk.
Given the company's negative revenue growth, high indebtedness, and low return on invested capital, there is a high credit risk associated with selling products or services to Ramirent Oy.
- Revenue15 932 816.00
- Operating profit (loss)-1 945 115.00
- Equity ratio %32.08
- Operating profit %-12.21
- Revenue growth %-11.23
- Net profit %100.52
- Return on invested capital %2.62
- Relative net indebtedness %3 200.53
Liquidity
Based on the data provided, the company's financial health appears to be questionable. The company has a negative operating profit margin (-12.21%) and a high relative net indebtedness percentage (3200.53%), which indicates a high level of debt compared to its equity. This could potentially hinder the company's ability to pay its bills. However, the company has a positive net profit margin (100.52%), which means it is generating a profit after all expenses and taxes. This could potentially be used to pay off its debts. The company's working capital percentage is negative (-8.67%), which could indicate potential liquidity problems. However, the company's equity ratio is 32.08%, which is relatively healthy and suggests that the company has a reasonable amount of equity compared to its total assets.
In conclusion, while the company is generating a profit and has a reasonable equity ratio, its high level of debt and potential liquidity problems could potentially hinder its ability to pay its bills. Therefore, further analysis would be needed to determine the company's ability to pay its bills.
- Revenue15 932 816.00
- Operating profit (loss)-1 945 115.00
- Equity ratio %32.08
- Operating profit %-12.21
- Net profit %100.52
- Relative net indebtedness %3 200.53
- Working capital %-8.67