RINGKVIST HOLDING ApS — Credit Rating and Financial Key Figures

RINGKVIST HOLDING ApS (CVR number: 32448208) is a company from ODENSE. The company reported a net sales of 1.5 mDKK in 2023, demonstrating a growth of 1.4 % compared to the previous year. The operating profit percentage was at 98.3 % (EBIT: 1.5 mDKK), while net earnings were 1620.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14.7 %, which can be considered good but Return on Equity (ROE) was 18.1 %, which can be considered excellent. 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. RINGKVIST HOLDING ApS's liquidity measured by quick ratio was 1.1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.