RINGO ApS — Credit Rating and Financial Key Figures

CVR number: 32303749
Enghavevej 40, 1674 København V
ringmose@attglobal.net
tel: 26205678

Credit rating

Company information

Official name
RINGO ApS
Personnel
1 person
Established
2011
Company form
Private limited company
Industry
  • Expand more icon90Creative, arts and entertainment activities

About RINGO ApS

RINGO ApS (CVR number: 32303749) is a company from KØBENHAVN. The company recorded a gross profit of 87.3 kDKK in 2023. The operating profit was 87.3 kDKK, while net earnings were 68.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 52 %, which can be considered excellent and Return on Equity (ROE) was 80.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 58.2 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. RINGO ApS's liquidity measured by quick ratio was 2.4 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
20192020202120222023
Volume
Net sales465.09529.87
Gross profit2.8094.9291.83-53.9687.35
EBIT2.8094.9291.83-53.9687.35
Net earnings2.1873.9871.63-42.0968.09
Shareholders equity total58.39132.37148.7050.11118.20
Balance sheet total (assets)116.17233.29223.33133.22202.95
Net debt-13.80- 136.29- 165.33-73.35- 112.95
Profitability
EBIT-%0.6 %17.9 %
ROA2.1 %54.3 %40.2 %-30.3 %52.0 %
ROE3.8 %77.6 %51.0 %-42.3 %80.9 %
ROI4.9 %99.5 %65.3 %-54.3 %103.8 %
Economic value added (EVA)2.6071.8071.83-41.2569.26
Solvency
Equity ratio50.3 %56.7 %66.6 %37.6 %58.2 %
Gearing
Relative net indebtedness %9.5 %-6.7 %
Liquidity
Quick ratio2.02.33.01.62.4
Current ratio2.02.33.01.62.4
Cash and cash equivalents13.80136.29165.3373.35112.95
Capital use efficiency
Trade debtors turnover (days)
Net working capital %12.6 %25.0 %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:52.0%
Rating: 96/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:58.2%
Rating: 45/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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