EJENDOMSSELSKABET RINGAGER ApS — Credit Rating and Financial Key Figures

EJENDOMSSELSKABET RINGAGER ApS (CVR number: 33505396) is a company from BRØNDBY. The company reported a net sales of 13 mDKK in 2023, demonstrating a growth of 32.6 % compared to the previous year. The operating profit percentage was at 100.8 % (EBIT: 13.1 mDKK), while net earnings were 6817 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.1 %, which can be considered decent but Return on Equity (ROE) was 13.6 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 23.5 %, 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. EJENDOMSSELSKABET RINGAGER ApS's liquidity measured by quick ratio was 0.1 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.