RING-MASTER A/S — Credit Rating and Financial Key Figures

RING-MASTER A/S (CVR number: 37386715) is a company from KOLDING. The company recorded a gross profit of 912.6 kDKK in 2023. The operating profit was 86.5 kDKK, while net earnings were 314.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.1 %, which can be considered good and Return on Equity (ROE) was 8.7 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 79 %, 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. RING-MASTER A/S's liquidity measured by quick ratio was 4.3 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.