CA HOLDING, RINGE A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About CA HOLDING, RINGE A/S
CA HOLDING, RINGE A/S (CVR number: 59222511) is a company from FAABORG-MIDTFYN. The company reported a net sales of 0.4 mDKK in 2022, demonstrating a growth of 2864.1 % compared to the previous year. The operating profit percentage was at 62.9 % (EBIT: 0.2 mDKK), while net earnings were 1173.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.3 %, which can be considered good and Return on Equity (ROE) was 10 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 95.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. CA HOLDING, RINGE A/S's liquidity measured by quick ratio was 104.5 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2018 | 2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 928.00 | 41.00 | - 105.00 | 13.00 | 385.33 |
Gross profit | 862.00 | 131.00 | -7.00 | 46.00 | 419.73 |
EBIT | 783.00 | 52.00 | - 190.00 | - 131.00 | 242.48 |
Net earnings | 1 077.00 | 353.00 | 257.00 | 134.00 | 1 173.22 |
Shareholders equity total | 15 629.00 | 15 082.00 | 14 439.00 | 11 618.00 | 11 891.00 |
Balance sheet total (assets) | 15 977.00 | 15 356.00 | 14 769.00 | 12 163.00 | 12 481.49 |
Net debt | -9 330.00 | -9 539.00 | -9 355.00 | -7 090.00 | -7 079.05 |
Profitability | |||||
EBIT-% | 84.4 % | 126.8 % | -1007.7 % | 62.9 % | |
ROA | 7.4 % | 2.8 % | 2.4 % | 1.3 % | 11.3 % |
ROE | 6.9 % | 2.3 % | 1.7 % | 1.0 % | 10.0 % |
ROI | 7.4 % | 2.8 % | 2.4 % | 1.3 % | 11.7 % |
Economic value added (EVA) | 619.54 | - 191.44 | - 382.89 | - 333.68 | -99.95 |
Solvency | |||||
Equity ratio | 97.8 % | 98.2 % | 97.8 % | 95.5 % | 95.3 % |
Gearing | |||||
Relative net indebtedness % | -982.7 % | -22939.0 % | 8741.0 % | -51546.2 % | -1723.3 % |
Liquidity | |||||
Quick ratio | 151.9 | 134.9 | 74.8 | 26.3 | 104.5 |
Current ratio | 151.9 | 134.9 | 74.8 | 26.3 | 104.5 |
Cash and cash equivalents | 9 330.00 | 9 539.00 | 9 355.00 | 7 090.00 | 7 079.05 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 555.7 % | 12714.6 % | -3624.8 % | 27123.1 % | 854.3 % |
Credit risk | |||||
Credit rating | A | A | A | A | A |
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