EJENDOMSSELSKABET ML RINGE ApS — Credit Rating and Financial Key Figures

CVR number: 34350264
Industrivej 4, 5750 Ringe
mbc@firma.tele.dk
tel: 62622272

Credit rating

Company information

Official name
EJENDOMSSELSKABET ML RINGE ApS
Established
2012
Company form
Private limited company
Industry

About EJENDOMSSELSKABET ML RINGE ApS

EJENDOMSSELSKABET ML RINGE ApS (CVR number: 34350264) is a company from FAABORG-MIDTFYN. The company recorded a gross profit of 369.4 kDKK in 2024. The operating profit was 331.3 kDKK, while net earnings were 218.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.3 %, which can be considered good but Return on Equity (ROE) was 36.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 15.2 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. EJENDOMSSELSKABET ML RINGE ApS's liquidity measured by quick ratio was 0.2 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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 profit410.90411.64367.74339.68369.43
EBIT377.07377.81333.91305.85331.32
Net earnings197.07242.31216.46174.83218.66
Shareholders equity total826.851 069.15309.71484.54703.20
Balance sheet total (assets)4 417.684 371.384 335.554 280.894 624.59
Net debt3 428.313 138.393 915.823 699.223 852.76
Profitability
EBIT-%
ROA8.7 %9.0 %8.6 %8.0 %8.3 %
ROE27.1 %25.6 %31.4 %44.0 %36.8 %
ROI9.0 %9.3 %8.8 %8.2 %8.4 %
Economic value added (EVA)142.65138.8896.9158.55131.30
Solvency
Equity ratio18.7 %24.5 %7.1 %11.3 %15.2 %
Gearing414.6 %293.5 %1264.4 %763.4 %547.9 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.10.10.10.2
Current ratio0.10.10.10.10.2
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:8.27%
Rating: 52/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:15.2%
Rating: 15/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

Try the full version of our system for free
Bankruptcy risk visualization example

... and more!

No registration needed.