Søndre Ringvej 18 ApS — Credit Rating and Financial Key Figures

CVR number: 41175397
Meterbuen 25, 2740 Skovlunde

Company information

Official name
Søndre Ringvej 18 ApS
Established
2020
Company form
Private limited company
Industry

About Søndre Ringvej 18 ApS

Søndre Ringvej 18 ApS (CVR number: 41175397) is a company from BALLERUP. The company recorded a gross profit of 1178.5 kDKK in 2023. The operating profit was 1038.1 kDKK, while net earnings were 840.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 29.7 %, which can be considered excellent and Return on Equity (ROE) was 33.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 67.8 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Søndre Ringvej 18 ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
Volume
Net sales
Gross profit660.50649.98443.601 178.48
EBIT439.82429.30222.921 038.13
Net earnings322.08326.86162.43840.44
Shareholders equity total3 113.573 440.432 602.862 443.31
Balance sheet total (assets)3 747.644 038.823 663.183 603.87
Net debt- 652.96-1 277.13-1 058.28-1 277.31
Profitability
EBIT-%
ROA11.8 %11.0 %5.9 %29.7 %
ROE10.3 %10.0 %5.4 %33.3 %
ROI13.3 %12.1 %6.7 %38.5 %
Economic value added (EVA)320.51211.2173.18743.28
Solvency
Equity ratio83.1 %85.2 %71.1 %67.8 %
Gearing4.6 %8.5 %3.5 %
Relative net indebtedness %
Liquidity
Quick ratio2.23.41.41.3
Current ratio2.23.41.41.3
Cash and cash equivalents652.961 436.581 280.231 362.67
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBA

Variable visualization

ROA:29.7%
Rating: 83/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:67.8%
Rating: 51/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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