ETR, RINGE HOLDING ApS

CVR number: 75083211
Hovedvejen 18, Rynkeby 5750 Ringe
tel: 62625222

Credit rating

Company information

Official name
ETR, RINGE HOLDING ApS
Established
1984
Domicile
Rynkeby
Company form
Private limited company
Industry
  • Expand more icon45Wholesale and retail trade and repair of motor vehicles and motorcycles

About ETR, RINGE HOLDING ApS

ETR, RINGE HOLDING ApS (CVR number: 75083211) is a company from FAABORG-MIDTFYN. The company recorded a gross profit of 121.6 kDKK in 2023. The operating profit was 60.4 kDKK, while net earnings were 103.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.4 %, which can be considered decent but Return on Equity (ROE) was 3.6 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 89.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. ETR, RINGE HOLDING ApS's liquidity measured by quick ratio was 9.2 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
20192020202120222023
Volume
Net sales
Gross profit79.51141.69159.17145.70121.57
EBIT4.9667.13214.9584.5060.37
Net earnings6.7997.0562.2398.11103.45
Shareholders equity total2 775.462 817.212 822.942 863.842 908.39
Balance sheet total (assets)4 106.654 027.133 934.893 741.993 237.62
Net debt- 292.37- 462.78- 460.10-1 405.30-1 915.99
Profitability
EBIT-%
ROA0.9 %3.6 %7.3 %4.0 %5.4 %
ROE0.2 %3.5 %2.2 %3.5 %3.6 %
ROI1.0 %3.8 %7.6 %4.2 %5.7 %
Economic value added (EVA)- 118.09-64.5957.21-44.95-18.25
Solvency
Equity ratio67.6 %70.0 %71.7 %76.5 %89.8 %
Gearing39.9 %33.8 %28.2 %22.3 %
Relative net indebtedness %
Liquidity
Quick ratio4.94.65.17.69.2
Current ratio5.45.05.57.69.2
Cash and cash equivalents1 400.251 415.211 256.142 043.981 915.99
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:5.42%
Rating: 44/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:89.8%
Rating: 70/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

Build time: 2024-10-21T13:51:17.428Z

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