Ringkøbing Håndbold A/S — Credit Rating and Financial Key Figures

Ringkøbing Håndbold A/S (CVR number: 30600304) is a company from RINGKØBING-SKJERN. The company reported a net sales of 5 mDKK in 2023, demonstrating a growth of 6.6 % compared to the previous year. The operating profit percentage was at 0.4 % (EBIT: 0 mDKK), while net earnings were 7.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.2 %, which can be considered weak but Return on Equity (ROE) was 4 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 44.2 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Ringkøbing Håndbold A/S's liquidity measured by quick ratio was 1.6 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.