RINGSTEDGADE 103 ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About RINGSTEDGADE 103 ApS
RINGSTEDGADE 103 ApS (CVR number: 33866720) is a company from KØBENHAVN. The company recorded a gross profit of 29.6 kDKK in 2024. The operating profit was 4.9 kDKK, while net earnings were -16.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.8 %, which can be considered weak but Return on Equity (ROE) was -5.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 35 %, 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. RINGSTEDGADE 103 ApS's liquidity measured by quick ratio was 1.1 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 83.91 | 81.00 | 74.16 | 123.53 | 29.60 |
EBIT | 59.17 | 56.26 | 49.42 | 98.79 | 4.86 |
Net earnings | 25.86 | 24.89 | 21.61 | 54.37 | -16.62 |
Shareholders equity total | 213.65 | 238.53 | 260.14 | 314.51 | 297.89 |
Balance sheet total (assets) | 926.79 | 885.74 | 835.94 | 908.21 | 851.84 |
Net debt | -22.76 | -6.45 | 18.61 | -27.85 | -42.58 |
Profitability | |||||
EBIT-% | |||||
ROA | 6.4 % | 6.2 % | 5.7 % | 11.3 % | 0.8 % |
ROE | 12.9 % | 11.0 % | 8.7 % | 18.9 % | -5.4 % |
ROI | 6.8 % | 6.7 % | 8.3 % | 26.1 % | 2.0 % |
Economic value added (EVA) | 41.54 | 38.71 | 31.34 | 67.44 | -7.54 |
Solvency | |||||
Equity ratio | 23.2 % | 26.9 % | 31.2 % | 34.8 % | 35.0 % |
Gearing | 42.1 % | 37.7 % | 34.6 % | 19.1 % | 13.4 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.7 | 0.7 | 0.5 | 1.0 | 1.1 |
Current ratio | 0.7 | 0.7 | 0.5 | 1.0 | 1.1 |
Cash and cash equivalents | 112.76 | 96.45 | 71.39 | 87.85 | 82.58 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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