RING HOLDING ApS — Credit Rating and Financial Key Figures

RING HOLDING ApS (CVR number: 27593224K) is a company from KØBENHAVN. The company recorded a gross profit of 62.6 mDKK in 2023. The operating profit was 6973 kDKK, while net earnings were 2367 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.4 %, which can be considered decent and Return on Equity (ROE) was 6.7 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 55.4 %, 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 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.