RING HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About RING HOLDING ApS
RING HOLDING ApS (CVR number: 27593224) is a company from KØBENHAVN. The company recorded a gross profit of -175 kDKK in 2023. The operating profit was -272 kDKK, while net earnings were 3158 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.2 %, which can be considered weak and Return on Equity (ROE) was 2.8 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 80.9 %, 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 3 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2022 | 2023 | |
---|---|---|---|
Volume | |||
Net sales | |||
Gross profit | - 200.00 | - 175.00 | |
EBIT | - 294.00 | - 272.00 | |
Net earnings | 897.00 | 3 158.00 | |
Shareholders equity total | 111 315.00 | 114 355.00 | |
Balance sheet total (assets) | 138 751.00 | 141 436.00 | |
Net debt | 27 254.00 | 26 564.00 | |
Profitability | |||
EBIT-% | |||
ROA | 1.2 % | 3.2 % | |
ROE | 0.8 % | 2.8 % | |
ROI | 1.2 % | 3.2 % | |
Economic value added (EVA) | -6 424.31 | - 189.73 | -6 561.71 |
Solvency | |||
Equity ratio | 80.2 % | 80.9 % | |
Gearing | 24.5 % | 23.5 % | |
Relative net indebtedness % | |||
Liquidity | |||
Quick ratio | 5.1 | 3.0 | |
Current ratio | 5.2 | 3.0 | |
Cash and cash equivalents | 308.00 | ||
Capital use efficiency | |||
Trade debtors turnover (days) | |||
Net working capital % | |||
Credit risk | |||
Credit rating | AA | AA |
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