Ringhøj ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Ringhøj ApS
Ringhøj ApS (CVR number: 32789536) is a company from FREDERIKSHAVN. The company recorded a gross profit of 50.5 kDKK in 2024. The operating profit was -5.2 kDKK, while net earnings were 47.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.2 %, which can be considered weak but Return on Equity (ROE) was 4.7 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 75.1 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Ringhøj ApS's liquidity measured by quick ratio was 3.4 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.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 317.55 | 886.23 | 49.91 | 40.54 | 50.46 |
EBIT | 24.46 | 603.16 | - 495.76 | -16.28 | -5.18 |
Net earnings | 399.52 | 810.30 | - 475.52 | -4.17 | 47.49 |
Shareholders equity total | 652.22 | 1 462.52 | 987.00 | 982.83 | 1 030.32 |
Balance sheet total (assets) | 13 386.25 | 9 536.90 | 1 495.76 | 1 355.76 | 1 372.68 |
Net debt | 4 280.13 | - 392.62 | - 832.46 | - 358.35 | - 434.60 |
Profitability | |||||
EBIT-% | |||||
ROA | 5.6 % | 10.2 % | -8.9 % | -0.3 % | 1.2 % |
ROE | 88.3 % | 76.6 % | -38.8 % | -0.4 % | 4.7 % |
ROI | 6.3 % | 11.3 % | -10.2 % | -0.3 % | 1.2 % |
Economic value added (EVA) | - 119.16 | 197.78 | - 531.32 | -72.32 | -72.04 |
Solvency | |||||
Equity ratio | 4.9 % | 15.3 % | 66.0 % | 72.5 % | 75.1 % |
Gearing | 656.2 % | 2.0 % | 24.4 % | 23.7 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.5 | 5.7 | 2.5 | 3.0 | 3.4 |
Current ratio | 2.3 | 8.0 | 2.5 | 3.0 | 4.4 |
Cash and cash equivalents | 392.62 | 852.65 | 598.27 | 678.29 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BB | BBB | BBB |
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