RINGE MASKINFORRETNING A/S

RINGE MASKINFORRETNING A/S (CVR number: 20910585) is a company from FAABORG-MIDTFYN. The company recorded a gross profit of 14.5 mDKK in 2023. The operating profit was 6338.7 kDKK, while net earnings were 4729.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.2 %, which can be considered good and Return on Equity (ROE) was 14.7 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 60.3 %, 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. RINGE MASKINFORRETNING A/S's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.