JKJ Ringe ApS — Credit Rating and Financial Key Figures

CVR number: 38644262
Brinken 1, 5856 Ryslinge

Company information

Official name
JKJ Ringe ApS
Established
2017
Company form
Private limited company
Industry

About JKJ Ringe ApS

JKJ Ringe ApS (CVR number: 38644262) is a company from FAABORG-MIDTFYN. The company reported a net sales of 1.6 mDKK in 2023, demonstrating a growth of 0.3 % compared to the previous year. The operating profit percentage was at 99.1 % (EBIT: 1.6 mDKK), while net earnings were 1649.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 20.1 %, which can be considered excellent and Return on Equity (ROE) was 20.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 99.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. JKJ Ringe ApS's liquidity measured by quick ratio was 81.4 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales1 042.00687.001 897.001 604.001 608.10
Gross profit1 037.00681.001 892.001 591.001 593.17
EBIT1 037.00681.001 892.001 591.001 593.17
Net earnings1 035.00677.001 887.001 539.001 649.85
Shareholders equity total4 876.004 952.006 589.007 629.008 778.11
Balance sheet total (assets)4 905.004 973.006 608.007 648.008 798.11
Net debt- 491.00- 387.00- 631.00-1 076.00-1 628.68
Profitability
EBIT-%99.5 %99.1 %99.7 %99.2 %99.1 %
ROA23.1 %13.8 %32.7 %22.3 %20.1 %
ROE23.2 %13.8 %32.7 %21.6 %20.1 %
ROI23.3 %13.9 %32.8 %22.4 %20.1 %
Economic value added (EVA)1 073.63770.191 989.431 758.231 790.31
Solvency
Equity ratio99.4 %99.6 %99.7 %99.8 %99.8 %
Gearing
Relative net indebtedness %-44.3 %-53.3 %-32.3 %-65.9 %-100.0 %
Liquidity
Quick ratio16.918.433.256.681.4
Current ratio16.918.433.256.681.4
Cash and cash equivalents491.00387.00631.001 076.001 628.68
Capital use efficiency
Trade debtors turnover (days)
Net working capital %44.3 %53.3 %32.3 %38.0 %50.2 %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:20.1%
Rating: 74/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.8%
Rating: 97/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

Try the full version of our system for free
Bankruptcy risk visualization example

... and more!

No registration needed.