RINGSTEDGADE 11 ApS — Credit Rating and Financial Key Figures

RINGSTEDGADE 11 ApS (CVR number: 34607389) is a company from STEVNS. The company reported a net sales of 0.6 mDKK in 2020, demonstrating a growth of 114.8 % compared to the previous year. The operating profit percentage was at 97.4 % (EBIT: 0.6 mDKK), while net earnings were 384.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 49 %, which can be considered excellent and Return on Equity (ROE) was 93.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 80 %, 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. RINGSTEDGADE 11 ApS's liquidity measured by quick ratio was 0 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.