Ringkøbing Auto ApS — Credit Rating and Financial Key Figures

Ringkøbing Auto ApS (CVR number: 39127067) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of 1115.2 kDKK in 2023. The operating profit was -208.5 kDKK, while net earnings were -185.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -12.6 %, which can be considered poor and Return on Equity (ROE) was -40.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 22.7 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Ringkøbing Auto ApS's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.