Erhvervsudlejning Ringe ApS — Credit Rating and Financial Key Figures

CVR number: 39756382
Strandvejen 24, 8721 Daugård

Company information

Official name
Erhvervsudlejning Ringe ApS
Established
2018
Company form
Private limited company
Industry

About Erhvervsudlejning Ringe ApS

Erhvervsudlejning Ringe ApS (CVR number: 39756382) is a company from HEDENSTED. The company recorded a gross profit of 1502 kDKK in 2022. The operating profit was -7797 kDKK, while net earnings were -6791.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -23.6 %, which can be considered poor and Return on Equity (ROE) was -76.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 61.1 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Erhvervsudlejning Ringe ApS's liquidity measured by quick ratio was 2.6 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.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2018
2019
2020
2021
2022
Volume
Net sales
Gross profit31.92146.48235.99-98.251 502.00
EBIT8 898.341 630.8711 482.62-4 144.53-7 796.99
Net earnings6 861.12773.508 302.45-3 676.43-6 791.25
Shareholders equity total6 911.127 684.6115 987.0712 310.635 519.38
Balance sheet total (assets)18 086.1622 495.5435 639.3756 960.109 039.43
Net debt2 575.415 006.4113 597.2533 549.01- 302.21
Profitability
EBIT-%
ROA49.2 %8.0 %39.5 %-8.7 %-23.6 %
ROE99.3 %10.6 %70.1 %-26.0 %-76.2 %
ROI49.5 %8.5 %41.7 %-9.5 %-28.1 %
Economic value added (EVA)6 940.70925.058 570.94-4 540.24-6 700.53
Solvency
Equity ratio38.2 %34.2 %44.9 %21.6 %61.1 %
Gearing37.3 %65.3 %85.2 %272.5 %0.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.00.10.10.12.6
Current ratio0.00.10.10.12.6
Cash and cash equivalents5.1914.0518.54302.53
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAABBBB

Variable visualization

ROA:-23.6%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:61.1%
Rating: 47/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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