Ringe Krogh Holding ApS — Credit Rating and Financial Key Figures

CVR number: 43608851
Parallelvej 29, 9900 Frederikshavn
heleneringekrogh@hotmail.com

Credit rating

Company information

Official name
Ringe Krogh Holding ApS
Established
2022
Company form
Private limited company
Industry

About Ringe Krogh Holding ApS

Ringe Krogh Holding ApS (CVR number: 43608851) is a company from FREDERIKSHAVN. The company recorded a gross profit of -8.8 kDKK in 2024. The operating profit was -8.8 kDKK, while net earnings were -10.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.5 %, which can be considered poor and Return on Equity (ROE) was -0.9 %, which can be considered poor. 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. Ringe Krogh Holding ApS's liquidity measured by quick ratio was 0.2 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.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2023
2024
Volume
Net sales
Gross profit-48.13-8.75
EBIT-48.13-8.75
Net earnings-46.68-10.77
Shareholders equity total1 175.611 103.84
Balance sheet total (assets)1 317.841 380.59
Net debt133.35164.45
Profitability
EBIT-%
ROA-3.5 %-0.5 %
ROE-4.0 %-0.9 %
ROI-3.5 %-0.5 %
Economic value added (EVA)-37.54-5.47
Solvency
Equity ratio89.2 %80.0 %
Gearing11.4 %14.9 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.2
Current ratio0.10.2
Cash and cash equivalents0.130.13
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBB

Variable visualization

ROA:-0.48%
Rating: 20/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:80.0%
Rating: 59/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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