Fonden Ringkøbing Håndværkerforenings Stiftelse — Credit Rating and Financial Key Figures

Fonden Ringkøbing Håndværkerforenings Stiftelse (CVR number: 28901321) is a company from RINGKØBING-SKJERN. The company recorded a gross profit of 170.5 kDKK in 2023. The operating profit was 775.5 kDKK, while net earnings were 599.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.5 %, which can be considered good and Return on Equity (ROE) was 10.4 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 78.4 %, 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. Fonden Ringkøbing Håndværkerforenings Stiftelse's liquidity measured by quick ratio was 0.3 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.