RING ADVOCACY ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About RING ADVOCACY ApS
RING ADVOCACY ApS (CVR number: 36534133) is a company from GENTOFTE. The company recorded a gross profit of -48.8 kDKK in 2024. The operating profit was -50.8 kDKK, while net earnings were -50.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -47.4 %, which can be considered poor and Return on Equity (ROE) was -77.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 50 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. RING ADVOCACY ApS's liquidity measured by quick ratio was 2 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 357.74 | 24.83 | -63.90 | -63.25 | -48.79 |
EBIT | 22.06 | - 217.44 | - 306.17 | - 190.52 | -50.76 |
Net earnings | 7.88 | - 223.87 | - 309.88 | - 190.43 | -50.25 |
Shareholders equity total | 813.81 | 589.94 | 280.06 | 89.63 | 39.38 |
Balance sheet total (assets) | 1 067.01 | 643.17 | 327.38 | 133.19 | 78.79 |
Net debt | - 941.72 | - 590.72 | - 297.90 | - 115.88 | -68.77 |
Profitability | |||||
EBIT-% | |||||
ROA | 1.6 % | -25.4 % | -63.1 % | -82.7 % | -47.4 % |
ROE | 0.8 % | -31.9 % | -71.2 % | -103.0 % | -77.9 % |
ROI | 2.4 % | -31.0 % | -70.4 % | -103.0 % | -77.9 % |
Economic value added (EVA) | 29.49 | - 211.02 | - 306.13 | - 189.62 | -49.44 |
Solvency | |||||
Equity ratio | 76.3 % | 91.7 % | 85.5 % | 67.3 % | 50.0 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 4.2 | 12.1 | 6.9 | 3.1 | 2.0 |
Current ratio | 4.2 | 12.1 | 6.9 | 3.1 | 2.0 |
Cash and cash equivalents | 941.72 | 590.72 | 297.90 | 115.88 | 68.77 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | B | C | BB |
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