LKJ Ringe ApS — Credit Rating and Financial Key Figures

CVR number: 38644246
Krokusvænget 20, 5856 Ryslinge

Company information

Official name
LKJ Ringe ApS
Established
2017
Company form
Private limited company
Industry

About LKJ Ringe ApS

LKJ Ringe ApS (CVR number: 38644246) is a company from FAABORG-MIDTFYN. The company reported a net sales of 1.6 mDKK in 2023, demonstrating a growth of 0.3 % compared to the previous year. The operating profit percentage was at 99.1 % (EBIT: 1.6 mDKK), while net earnings were 1624.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 21.6 %, which can be considered excellent and Return on Equity (ROE) was 21.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 99.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. LKJ Ringe ApS's liquidity measured by quick ratio was 45.8 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales1 604.001 608.10
Gross profit-5.00-5.00-5.001 592.001 594.32
EBIT-5.00-5.00-5.001 592.001 594.32
Net earnings1 037.00682.001 892.001 592.001 624.41
Shareholders equity total4 384.004 566.005 957.006 950.008 074.47
Balance sheet total (assets)4 414.004 586.005 977.006 970.008 094.67
Net debt- 398.00- 925.24
Profitability
EBIT-%99.3 %99.1 %
ROA25.0 %15.2 %35.8 %24.6 %21.6 %
ROE25.2 %15.2 %36.0 %24.7 %21.6 %
ROI25.2 %15.2 %36.0 %24.7 %21.6 %
Economic value added (EVA)31.6384.2492.381 759.281 791.50
Solvency
Equity ratio99.3 %99.6 %99.7 %99.7 %99.8 %
Gearing
Relative net indebtedness %-23.6 %-56.3 %
Liquidity
Quick ratio19.945.8
Current ratio19.945.8
Cash and cash equivalents398.00925.24
Capital use efficiency
Trade debtors turnover (days)
Net working capital %23.6 %-0.9 %
Credit risk
Credit ratingBBBBBBAAA

Variable visualization

ROA:21.6%
Rating: 76/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.8%
Rating: 96/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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