FG Ringsted ApS — Credit Rating and Financial Key Figures

CVR number: 25015878
Nørretorv 2, 4100 Ringsted
410@edc.dk
tel: 57672002

Credit rating

Company information

Official name
FG Ringsted ApS
Personnel
2 persons
Established
1999
Company form
Private limited company
Industry
  • Expand more icon68Real estate activities

About FG Ringsted ApS

FG Ringsted ApS (CVR number: 25015878) is a company from RINGSTED. The company recorded a gross profit of 1097.2 kDKK in 2023. The operating profit was 1017.2 kDKK, while net earnings were 812.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 79.6 %, which can be considered excellent and Return on Equity (ROE) was 114.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 70.4 %, 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. FG Ringsted ApS's liquidity measured by quick ratio was 2.9 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit5 388.896 237.415 826.18495.501 097.24
EBIT1 618.702 257.903 131.62346.441 017.24
Net earnings1 267.111 745.642 413.77275.08812.79
Shareholders equity total1 453.393 199.032 612.80487.89930.68
Balance sheet total (assets)2 844.765 224.173 912.801 296.771 321.59
Net debt- 937.36-2 283.73-2 154.53323.81- 720.75
Profitability
EBIT-%
ROA62.5 %56.0 %68.6 %14.1 %79.6 %
ROE94.2 %75.0 %83.1 %17.7 %114.6 %
ROI121.0 %89.8 %95.5 %17.7 %99.1 %
Economic value added (EVA)1 267.551 731.662 394.54266.00787.05
Solvency
Equity ratio51.1 %61.2 %66.8 %37.6 %70.4 %
Gearing0.8 %14.3 %140.4 %
Relative net indebtedness %
Liquidity
Quick ratio1.93.02.61.32.9
Current ratio1.93.02.61.32.9
Cash and cash equivalents937.362 308.732 528.84361.09720.75
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBBBBBBB

Variable visualization

ROA:79.6%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:70.4%
Rating: 53/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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