JG Holding Ringe ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About JG Holding Ringe ApS
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.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -7.75 | -7.75 | -4.90 | -10.06 | -12.95 |
EBIT | -7.75 | -7.75 | -4.90 | -10.06 | -12.95 |
Net earnings | 226.33 | 226.33 | 296.17 | -20.66 | 134.86 |
Shareholders equity total | 266.33 | 266.33 | 562.50 | 427.24 | 562.10 |
Balance sheet total (assets) | 793.84 | 793.84 | 870.10 | 716.94 | 799.16 |
Net debt | -0.03 | -12.88 | -31.62 | ||
Profitability | |||||
EBIT-% | |||||
ROA | 31.0 % | 31.0 % | 37.4 % | -1.0 % | 19.2 % |
ROE | 85.0 % | 85.0 % | 71.5 % | -4.2 % | 27.3 % |
ROI | 92.4 % | 92.4 % | 75.1 % | -1.6 % | 29.4 % |
Economic value added (EVA) | -7.75 | 31.51 | 34.36 | 21.98 | -7.82 |
Solvency | |||||
Equity ratio | 33.5 % | 33.5 % | 64.6 % | 59.6 % | 70.3 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.0 | 0.7 | 0.5 | ||
Current ratio | 0.0 | 0.7 | 0.5 | ||
Cash and cash equivalents | 0.03 | 12.88 | 31.62 | ||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | A | BBB | BBB |
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