RINGSING ELTEK ApS — Credit Rating and Financial Key Figures

RINGSING ELTEK ApS (CVR number: 34227756) is a company from ESBJERG. The company recorded a gross profit of 2395.9 kDKK in 2023. The operating profit was 1830.8 kDKK, while net earnings were 1425.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 51.9 %, which can be considered excellent and Return on Equity (ROE) was 48.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 69.5 %, 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. RINGSING ELTEK ApS's liquidity measured by quick ratio was 5.8 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.