Ringfoto Nordic ApS — Credit Rating and Financial Key Figures

Ringfoto Nordic ApS (CVR number: 38673254) is a company from RANDERS. The company recorded a gross profit of 1440.8 kDKK in 2018. The operating profit was -2224.2 kDKK, while net earnings were -2625.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -10.4 %, which can be considered poor and Return on Equity (ROE) was -13.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -16.9 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Ringfoto Nordic ApS's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.