ON Byg, Ringkøbing ApS — Credit Rating and Financial Key Figures

ON Byg, Ringkøbing ApS (CVR number: 43327682) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of 1689.1 kDKK in 2023. The operating profit was 409 kDKK, while net earnings were 332.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 21.3 %, which can be considered excellent and Return on Equity (ROE) was 61.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 26.4 %, 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. ON Byg, Ringkøbing ApS's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.