FLEMMING NIELSEN, RINGE HOLDING ApS — Credit Rating and Financial Key Figures

FLEMMING NIELSEN, RINGE HOLDING ApS (CVR number: 26075068) is a company from FAABORG-MIDTFYN. The company recorded a gross profit of -36.8 kDKK in 2023. The operating profit was -36.8 kDKK, while net earnings were 540.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.4 %, which can be considered good and Return on Equity (ROE) was 11.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 98.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. FLEMMING NIELSEN, RINGE HOLDING ApS's liquidity measured by quick ratio was 47.6 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.