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: 27593224) is a company from KØBENHAVN. The company recorded a gross profit of 465 kDKK in 2024. The operating profit was 395 kDKK, while net earnings were 3746 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.8 %, which can be considered weak and Return on Equity (ROE) was 3.2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 81.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. RING HOLDING ApS's liquidity measured by quick ratio was 2.4 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2022
2023
2024
Volume
Net sales
Gross profit- 175.00465.00
EBIT- 272.00395.00
Net earnings3 158.003 746.00
Shareholders equity total114 355.00117 979.00
Balance sheet total (assets)141 436.00145 445.00
Net debt26 564.0026 602.00
Profitability
EBIT-%
ROA3.2 %3.8 %
ROE2.8 %3.2 %
ROI3.2 %3.8 %
Economic value added (EVA)- 228.15-6 784.42
Solvency
Equity ratio80.9 %81.1 %
Gearing23.5 %23.2 %
Relative net indebtedness %
Liquidity
Quick ratio3.02.4
Current ratio3.02.4
Cash and cash equivalents308.00713.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBAA

Variable visualization

ROA:3.82%
Rating: 39/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:81.1%
Rating: 60/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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