RING-MASTER ApS — Credit Rating and Financial Key Figures

CVR number: 37386715
Risbøge 6, Højrup 6640 Lunderskov
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Company information

Official name
RING-MASTER ApS
Personnel
2 persons
Established
1971
Domicile
Højrup
Company form
Private limited company
Industry

About RING-MASTER ApS

RING-MASTER ApS (CVR number: 37386715) is a company from KOLDING. The company recorded a gross profit of 1190.8 kDKK in 2024. The operating profit was 299 kDKK, while net earnings were 269.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.8 %, which can be considered good but Return on Equity (ROE) was 7.1 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 75.3 %, 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 ApS's liquidity measured by quick ratio was 3.6 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 profit530.37868.66777.09912.641 190.76
EBIT- 215.53-16.089.9386.47298.96
Net earnings124.49- 313.2225.81314.93269.56
Shareholders equity total4 024.293 611.073 522.483 719.613 867.18
Balance sheet total (assets)4 733.984 229.384 409.714 708.175 132.63
Net debt-3 997.71-3 349.03-3 331.77-3 542.91-4 416.90
Profitability
EBIT-%
ROA3.3 %-0.4 %1.3 %8.1 %8.8 %
ROE2.6 %-8.2 %0.7 %8.7 %7.1 %
ROI3.9 %-0.4 %1.6 %10.2 %11.4 %
Economic value added (EVA)- 447.37- 214.87- 174.23-98.4738.31
Solvency
Equity ratio85.0 %85.4 %79.9 %79.0 %75.3 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio6.05.94.34.33.6
Current ratio6.66.64.84.74.0
Cash and cash equivalents3 997.713 349.033 331.773 542.914 416.90
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBAA

Variable visualization

ROA:8.76%
Rating: 54/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:75.3%
Rating: 56/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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