MC HOLDING RINGE ApS — Credit Rating and Financial Key Figures

CVR number: 29838747
Kaholehaven 1, Bolteskov 5750 Ringe
mortenvaldemarc@gmail.com
tel: 62271703

Credit rating

Company information

Official name
MC HOLDING RINGE ApS
Established
2006
Domicile
Bolteskov
Company form
Private limited company
Industry

About MC HOLDING RINGE ApS

MC HOLDING RINGE ApS (CVR number: 29838747) is a company from FAABORG-MIDTFYN. The company reported a net sales of -0.4 mDKK in 2024, demonstrating a decline of -133.9 % compared to the previous year. The operating profit percentage was poor at 0 % (EBIT: -0.4 mDKK), while net earnings were -178.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.1 %, which can be considered poor and Return on Equity (ROE) was -2.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 95.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. MC HOLDING RINGE ApS's liquidity measured by quick ratio was 20.4 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
2020
2021
2022
2023
2024
Volume
Net sales1 132.58- 383.53
Gross profit-10.01-10.01-10.001 082.89- 405.48
EBIT-10.01-10.01-10.001 082.89- 405.48
Net earnings1 351.691 022.48773.511 221.32- 178.08
Shareholders equity total6 013.206 922.687 581.798 685.318 385.23
Balance sheet total (assets)6 206.476 932.688 005.169 630.908 753.19
Net debt-1 254.68- 151.38-2 377.51-2 013.03-5 809.36
Profitability
EBIT-%95.6 %
ROA24.1 %16.1 %10.8 %14.2 %-1.1 %
ROE24.9 %15.8 %10.7 %15.0 %-2.1 %
ROI25.0 %16.2 %10.9 %14.5 %-1.2 %
Economic value added (EVA)- 252.00- 314.66- 355.66663.33- 761.50
Solvency
Equity ratio96.9 %99.9 %94.7 %90.2 %95.8 %
Gearing1.6 %4.2 %8.5 %4.0 %
Relative net indebtedness %-159.6 %1505.6 %
Liquidity
Quick ratio24.6535.114.77.120.4
Current ratio24.6535.114.77.120.4
Cash and cash equivalents1 349.47151.382 692.292 752.776 142.55
Capital use efficiency
Trade debtors turnover (days)
Net working capital %511.3 %-368.9 %
Credit risk
Credit ratingAAAABBB

Variable visualization

ROA:-1.14%
Rating: 19/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:95.8%
Rating: 77/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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