Ringkøbing-Skjern Liftudlejning A/S — Credit Rating and Financial Key Figures

Ringkøbing-Skjern Liftudlejning A/S (CVR number: 40240071) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of 2322.8 kDKK in 2023. The operating profit was 940.9 kDKK, while net earnings were 564 kDKK. The profitability of the company measured by Return on Assets (ROA) was 11.2 %, which can be considered good but Return on Equity (ROE) was 29.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 22.2 %, 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. Ringkøbing-Skjern Liftudlejning A/S's liquidity measured by quick ratio was 0.4 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.