EJENDOMSANPARTSSELSKABET RINGEN — Credit Rating and Financial Key Figures

EJENDOMSANPARTSSELSKABET RINGEN (CVR number: 35081313) is a company from ODENSE. The company recorded a gross profit of 5297.6 kDKK in 2023. The operating profit was -542.1 kDKK, while net earnings were 1814.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.5 %, which can be considered weak but Return on Equity (ROE) was 4.3 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 38.9 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. EJENDOMSANPARTSSELSKABET RINGEN's liquidity measured by quick ratio was 2.4 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.