RING HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 27593224
Christianshavns Kanal 4, 1406 København K

Company information

Official name
RING HOLDING ApS
Personnel
2 persons
Established
2004
Company form
Private limited company
Industry

About RING HOLDING ApS

RING HOLDING ApS (CVR number: 27593224K) is a company from KØBENHAVN. The company recorded a gross profit of 70.4 mDKK in 2024. The operating profit was 9743 kDKK, while net earnings were 5578 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.2 %, which can be considered good and Return on Equity (ROE) was 14.6 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 57.1 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. RING HOLDING ApS's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

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 profit88 477.0084 741.0061 528.0062 650.0070 441.00
EBIT25 782.0024 470.005 977.006 973.009 743.00
Net earnings18 649.0019 244.002 051.002 367.005 578.00
Shareholders equity total52 115.0071 759.0072 791.0074 356.0079 812.00
Balance sheet total (assets)133 235.00136 264.00137 950.00134 257.00139 783.00
Net debt40 266.0037 273.00
Profitability
EBIT-%
ROA19.4 %18.2 %4.4 %5.4 %8.2 %
ROE42.4 %31.1 %2.8 %4.3 %14.6 %
ROI19.4 %18.2 %4.4 %5.7 %9.4 %
Economic value added (EVA)23 978.6321 851.222 371.111 906.391 615.66
Solvency
Equity ratio100.0 %100.0 %100.0 %55.4 %57.1 %
Gearing57.0 %53.0 %
Relative net indebtedness %
Liquidity
Quick ratio1.01.2
Current ratio2.62.6
Cash and cash equivalents2 134.005 063.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBAA

Variable visualization

ROA:8.21%
Rating: 52/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:57.1%
Rating: 45/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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