RING3 ERHVERV ApS — Credit Rating and Financial Key Figures

CVR number: 35665323
Mileparken 22, 2740 Skovlunde
sc@ring3erhverv.dk
tel: 21792639
Ring3erhverv.dk

Credit rating

Company information

Official name
RING3 ERHVERV ApS
Personnel
4 persons
Established
2014
Company form
Private limited company
Industry

About RING3 ERHVERV ApS

RING3 ERHVERV ApS (CVR number: 35665323) is a company from BALLERUP. The company recorded a gross profit of 5026.9 kDKK in 2024. The operating profit was 2148 kDKK, while net earnings were 1643.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 61.1 %, which can be considered excellent and Return on Equity (ROE) was 64.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 68.5 %, 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. RING3 ERHVERV ApS's liquidity measured by quick ratio was 3.1 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

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 profit7 514.148 443.725 513.965 956.075 026.93
EBIT3 592.035 449.612 836.533 008.342 148.05
Net earnings2 759.454 199.482 181.462 313.251 643.06
Shareholders equity total2 433.524 492.992 674.452 837.702 280.76
Balance sheet total (assets)5 703.135 663.323 711.983 727.993 330.41
Net debt-4 882.49-4 114.97-2 757.30-3 322.68-2 673.19
Profitability
EBIT-%
ROA73.7 %95.9 %60.5 %80.9 %61.1 %
ROE108.7 %121.3 %60.9 %83.9 %64.2 %
ROI139.3 %154.6 %78.5 %109.2 %84.1 %
Economic value added (EVA)2 809.774 358.082 186.582 326.781 684.38
Solvency
Equity ratio42.7 %79.3 %72.0 %76.1 %68.5 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio1.75.03.54.03.1
Current ratio1.75.03.54.03.1
Cash and cash equivalents4 882.494 114.972 757.303 322.682 673.19
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:61.1%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:68.5%
Rating: 52/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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