Tømrerfirmaet Ring ApS — Credit Rating and Financial Key Figures

Tømrerfirmaet Ring ApS (CVR number: 42906379) is a company from SOLRØD. The company recorded a gross profit of 672.9 kDKK in 2023. The operating profit was 283 kDKK, while net earnings were 209.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 51.7 %, which can be considered excellent and Return on Equity (ROE) was 143.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 35.8 %, 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. Tømrerfirmaet Ring ApS's liquidity measured by quick ratio was 1.4 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.