Erhvervsudlejning Ringe ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2018 | 2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 31.92 | 146.48 | 235.99 | -98.25 | 1 502.00 |
EBIT | 8 898.34 | 1 630.87 | 11 482.62 | -4 144.53 | -7 796.99 |
Net earnings | 6 861.12 | 773.50 | 8 302.45 | -3 676.43 | -6 791.25 |
Shareholders equity total | 6 911.12 | 7 684.61 | 15 987.07 | 12 310.63 | 5 519.38 |
Balance sheet total (assets) | 18 086.16 | 22 495.54 | 35 639.37 | 56 960.10 | 9 039.43 |
Net debt | 2 575.41 | 5 006.41 | 13 597.25 | 33 549.01 | - 302.21 |
Profitability | |||||
EBIT-% | |||||
ROA | 49.2 % | 8.0 % | 39.5 % | -8.7 % | -23.6 % |
ROE | 99.3 % | 10.6 % | 70.1 % | -26.0 % | -76.2 % |
ROI | 49.5 % | 8.5 % | 41.7 % | -9.5 % | -28.1 % |
Economic value added (EVA) | 6 940.70 | 925.05 | 8 570.94 | -4 540.24 | -6 700.53 |
Solvency | |||||
Equity ratio | 38.2 % | 34.2 % | 44.9 % | 21.6 % | 61.1 % |
Gearing | 37.3 % | 65.3 % | 85.2 % | 272.5 % | 0.0 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.0 | 0.1 | 0.1 | 0.1 | 2.6 |
Current ratio | 0.0 | 0.1 | 0.1 | 0.1 | 2.6 |
Cash and cash equivalents | 5.19 | 14.05 | 18.54 | 302.53 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | BBB | B |
Variable visualization
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