ME Ringe ApS — Credit Rating and Financial Key Figures

ME Ringe ApS (CVR number: 38644254) is a company from FAABORG-MIDTFYN. The company reported a net sales of 1.6 mDKK in 2023, demonstrating a growth of 0.3 % compared to the previous year. The operating profit percentage was at 98.6 % (EBIT: 1.6 mDKK), while net earnings were 1831.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 19.3 %, which can be considered excellent and Return on Equity (ROE) was 19.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 99.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. ME Ringe ApS's liquidity measured by quick ratio was 120.2 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.