K. RINGGAARD HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 21688479
Kløvertoften 33, 2740 Skovlunde

Credit rating

Company information

Official name
K. RINGGAARD HOLDING ApS
Established
1998
Company form
Private limited company
Industry
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About K. RINGGAARD HOLDING ApS

K. RINGGAARD HOLDING ApS (CVR number: 21688479) is a company from BALLERUP. The company recorded a gross profit of -92 kDKK in 2024. The operating profit was -92 kDKK, while net earnings were 1282.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.3 %, which can be considered good and Return on Equity (ROE) was 11.1 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 98.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. K. RINGGAARD HOLDING 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-89.15-93.15-94.11-89.41-92.02
EBIT-89.15-93.15-94.11-89.41-92.02
Net earnings213.09787.58-1 825.71693.721 282.95
Shareholders equity total14 655.7815 198.3612 172.6511 656.3711 539.32
Balance sheet total (assets)14 709.4415 387.3612 197.6511 788.8711 696.68
Net debt- 152.18-85.74- 241.26-46.99-45.60
Profitability
EBIT-%
ROA1.8 %6.7 %1.2 %5.9 %11.3 %
ROE1.4 %5.3 %-13.3 %5.8 %11.1 %
ROI1.8 %6.8 %1.2 %5.9 %11.4 %
Economic value added (EVA)- 792.34- 801.46- 853.13- 721.98- 690.00
Solvency
Equity ratio99.6 %98.8 %99.8 %98.9 %98.7 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio2.80.512.51.20.9
Current ratio2.80.512.51.20.9
Cash and cash equivalents152.1885.74241.2646.9945.60
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBA

Variable visualization

ROA:11.3%
Rating: 60/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:98.7%
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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