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

CVR number: 29220174
Dalager 178, 5750 Ringe

Credit rating

Company information

Official name
G.C. HOLDING, RINGE ApS
Established
2006
Company form
Private limited company
Industry
  • Expand more icon66Activities auxiliary to financial services and insurance activities

About G.C. HOLDING, RINGE ApS

G.C. HOLDING, RINGE ApS (CVR number: 29220174) is a company from FAABORG-MIDTFYN. The company recorded a gross profit of -26.9 kDKK in 2023. The operating profit was -26.9 kDKK, while net earnings were 145.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 16.8 %, which can be considered excellent but Return on Equity (ROE) was 9.7 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 85.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. G.C. HOLDING, RINGE ApS's liquidity measured by quick ratio was 4.1 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-16.66-17.44-21.85-21.31-26.95
EBIT-16.66-17.44-21.85-21.31-26.95
Net earnings210.69205.96116.14-8.11145.79
Shareholders equity total1 508.541 603.901 607.041 484.531 512.52
Balance sheet total (assets)1 618.691 728.451 622.421 622.221 773.43
Net debt- 784.51- 861.94- 944.76- 780.93- 798.00
Profitability
EBIT-%
ROA14.9 %19.2 %8.3 %5.2 %16.8 %
ROE14.5 %13.2 %7.2 %-0.5 %9.7 %
ROI15.1 %19.6 %8.5 %5.2 %16.8 %
Economic value added (EVA)10.0420.4720.615.0311.83
Solvency
Equity ratio93.2 %92.8 %99.1 %91.5 %85.3 %
Gearing4.9 %5.2 %9.1 %17.1 %
Relative net indebtedness %
Liquidity
Quick ratio8.07.765.86.94.1
Current ratio8.07.765.86.94.1
Cash and cash equivalents858.39945.28944.76916.551 056.91
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBBBBBBBBBB

Variable visualization

ROA:16.8%
Rating: 69/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:85.3%
Rating: 65/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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