Ringgade Struer ApS — Credit Rating and Financial Key Figures

CVR number: 42492221
Kjeldsmarkvej 2, 7600 Struer

Credit rating

Company information

Official name
Ringgade Struer ApS
Established
2021
Company form
Private limited company
Industry

About Ringgade Struer ApS

Ringgade Struer ApS (CVR number: 42492221) is a company from STRUER. The company recorded a gross profit of 90.6 kDKK in 2024. The operating profit was 47.2 kDKK, while net earnings were 20.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2 %, which can be considered weak and Return on Equity (ROE) was 0.9 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 83.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Ringgade Struer ApS's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2021
2022
2023
2024
Volume
Net sales
Gross profit71.22112.77144.9490.57
EBIT30.0271.30102.7447.16
Net earnings5.9349.9041.8320.26
Shareholders equity total2 083.072 132.972 174.802 195.07
Balance sheet total (assets)2 866.382 779.442 733.592 642.43
Net debt677.41231.61161.19275.14
Profitability
EBIT-%
ROA1.0 %2.9 %4.1 %2.0 %
ROE0.3 %2.4 %1.9 %0.9 %
ROI1.1 %3.1 %4.6 %2.2 %
Economic value added (EVA)23.0720.13-41.51-78.50
Solvency
Equity ratio72.7 %76.7 %79.6 %83.1 %
Gearing32.6 %10.9 %7.4 %12.9 %
Relative net indebtedness %
Liquidity
Quick ratio10.30.70.71.2
Current ratio10.30.70.71.2
Cash and cash equivalents1.518.85
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:2.03%
Rating: 30/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:83.1%
Rating: 62/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Chief executive officer
Board member

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