Ringvejens Auto og Plæneklipperservice ApS — Credit Rating and Financial Key Figures

Ringvejens Auto og Plæneklipperservice ApS (CVR number: 40404058) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of 3995.5 kDKK in 2023. The operating profit was 768.5 kDKK, while net earnings were 567.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.7 %, which can be considered good but Return on Equity (ROE) was 17.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 50.6 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Ringvejens Auto og Plæneklipperservice ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.