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 1119.8 kDKK in 2024. The operating profit was 1059.7 kDKK, while net earnings were 862.7 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 34.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 65.1 %, 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
2024
Volume
Net sales
Gross profit660.50649.98443.601 178.481 119.75
EBIT439.82429.30222.921 038.131 059.71
Net earnings322.08326.86162.43840.44862.69
Shareholders equity total3 113.573 440.432 602.862 443.312 506.00
Balance sheet total (assets)3 747.644 038.823 663.183 603.873 851.62
Net debt- 652.96-1 277.13-1 058.28-1 277.31-1 411.53
Profitability
EBIT-%
ROA11.8 %11.0 %5.9 %29.7 %29.7 %
ROE10.3 %10.0 %5.4 %33.3 %34.9 %
ROI13.3 %12.1 %6.7 %38.5 %40.2 %
Economic value added (EVA)320.51167.71-15.71661.08693.90
Solvency
Equity ratio83.1 %85.2 %71.1 %67.8 %65.1 %
Gearing4.6 %8.5 %3.5 %10.3 %
Relative net indebtedness %
Liquidity
Quick ratio2.23.41.41.31.3
Current ratio2.23.41.41.31.3
Cash and cash equivalents652.961 436.581 280.231 362.671 670.46
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBA

Variable visualization

ROA:29.7%
Rating: 83/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:65.1%
Rating: 50/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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