CB RINGE HOLDING ApS

CVR number: 30914279
Bøgedalsvænget 19, Bolteskov 5750 Ringe

Credit rating

Company information

Official name
CB RINGE HOLDING ApS
Established
2007
Domicile
Bolteskov
Company form
Private limited company
Industry
  • Expand more icon66Activities auxiliary to financial services and insurance activities

About the company

CB RINGE HOLDING ApS (CVR number: 30914279) is a company from FAABORG-MIDTFYN. The company recorded a gross profit of 116.4 kDKK in 2022. The operating profit was 85.9 kDKK, while net earnings were 207.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 12.8 %, which can be considered good but Return on Equity (ROE) was 1.6 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 98.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. CB RINGE HOLDING ApS's liquidity measured by quick ratio was 46.2 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
20182019202020212022
Volume
Net sales1 377.71
Gross profit1 380.1560.9544.33102.27116.44
EBIT1 372.1152.9036.2969.7885.88
Net earnings1 471.512 047.681 808.491 953.15207.05
Shareholders equity total9 772.0211 569.7111 428.2013 081.3513 174.00
Balance sheet total (assets)10 437.4012 004.7414 839.3714 752.5813 392.38
Net debt-5 979.98-7 500.09-7 561.16-8 220.49-8 618.90
Profitability
EBIT-%99.6 %
ROA15.1 %19.2 %14.4 %15.0 %12.8 %
ROE16.2 %19.2 %15.7 %15.9 %1.6 %
ROI15.5 %19.9 %15.8 %16.3 %13.1 %
Economic value added (EVA)1 608.99174.58168.25249.96127.84
Solvency
Equity ratio93.6 %96.4 %77.0 %88.7 %98.4 %
Gearing3.8 %13.5 %9.0 %
Relative net indebtedness %-412.9 %
Liquidity
Quick ratio15.9418.23.07.546.2
Current ratio15.9418.23.07.546.2
Cash and cash equivalents6 354.577 500.099 101.929 403.668 618.90
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-9.8 %
Credit risk
Credit ratingAABBBABBB

Variable visualization

ROA:12.8%
Rating: 63/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:98.4%
Rating: 80/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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