JG Holding Ringe ApS — Credit Rating and Financial Key Figures

JG Holding Ringe ApS (CVR number: 41023953) is a company from FAABORG-MIDTFYN. The company recorded a gross profit of -12.9 kDKK in 2023. The operating profit was -12.9 kDKK, while net earnings were 134.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 19.2 %, which can be considered excellent and Return on Equity (ROE) was 27.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 70.3 %, 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. JG Holding Ringe ApS'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.