J.G.HOLDING. RINGE ApS — Credit Rating and Financial Key Figures

J.G.HOLDING. RINGE ApS (CVR number: 24241742) is a company from FAABORG-MIDTFYN. The company reported a net sales of -0.3 mDKK in 2023, demonstrating a decline of 238.8 % compared to the previous year. The operating profit percentage was poor at 0 % (EBIT: -0.3 mDKK), while net earnings were -322.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -4.9 %, which can be considered poor and Return on Equity (ROE) was -5.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 91.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. J.G.HOLDING. RINGE ApS's liquidity measured by quick ratio was 1.1 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.