RINGSING ELTEK ApS — Credit Rating and Financial Key Figures

CVR number: 34227756
Dortheasvej 22 A, 6700 Esbjerg
ricki@ringsing-eltek.dk
tel: 31389689
https://ringsing-eltek.dk
Free credit report Annual report

Credit rating

Company information

Official name
RINGSING ELTEK ApS
Personnel
2 persons
Established
2012
Company form
Private limited company
Industry

About RINGSING ELTEK ApS

RINGSING ELTEK ApS (CVR number: 34227756) is a company from ESBJERG. The company recorded a gross profit of 1703.7 kDKK in 2024. The operating profit was 470.9 kDKK, while net earnings were 407.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 23.7 %, which can be considered excellent and Return on Equity (ROE) was 25.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 75.7 %, 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 6.3 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 sales
Gross profit2 679.341 017.452 102.562 395.911 703.75
EBIT1 600.92- 364.521 280.461 830.80470.86
Net earnings1 426.64- 653.571 179.451 425.81407.70
Shareholders equity total3 433.172 579.603 701.862 127.671 035.37
Balance sheet total (assets)4 172.362 771.264 224.833 061.841 367.78
Net debt-3 992.54-2 448.69-3 456.54-1 744.60- 419.18
Profitability
EBIT-%
ROA52.4 %-8.6 %41.0 %51.9 %23.7 %
ROE50.6 %-21.7 %37.6 %48.9 %25.8 %
ROI64.6 %-9.9 %45.4 %64.3 %32.6 %
Economic value added (EVA)1 135.98- 538.071 005.471 235.43258.67
Solvency
Equity ratio82.3 %93.1 %87.6 %69.5 %75.7 %
Gearing0.6 %0.8 %0.6 %1.3 %2.2 %
Relative net indebtedness %
Liquidity
Quick ratio11.414.411.25.86.3
Current ratio11.414.511.25.86.3
Cash and cash equivalents4 012.552 468.693 479.671 772.48442.03
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:23.7%
Rating: 79/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:75.7%
Rating: 57/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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