RINGERS TECHNOLOGIES DENMARK ApS — Credit Rating and Financial Key Figures

RINGERS TECHNOLOGIES DENMARK ApS (CVR number: 36425105) is a company from AARHUS. The company recorded a gross profit of 520.2 kUSD in 2020. The operating profit was 519.5 kUSD, while net earnings were 372.2 kUSD. The profitability of the company measured by Return on Assets (ROA) was 34 %, which can be considered excellent and Return on Equity (ROE) was 29.7 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 88.7 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. RINGERS TECHNOLOGIES DENMARK ApS's liquidity measured by quick ratio was 8.9 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.