MICHAEL RING HOLDING ApS — Credit Rating and Financial Key Figures

MICHAEL RING HOLDING ApS (CVR number: 27411169) is a company from RUDERSDAL. The company recorded a gross profit of -56.5 kDKK in 2023. The operating profit was -56.5 kDKK, while net earnings were 178.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.2 %, which can be considered weak and Return on Equity (ROE) was 0.5 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 88.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MICHAEL RING HOLDING ApS's liquidity measured by quick ratio was 5.5 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.