RED INK A/S

CVR number: 32087906
Ryttergade 12, 5000 Odense C
redink.dk

Credit rating

Company information

Official name
RED INK A/S
Established
2009
Company form
Limited company
Industry
  • Expand more icon70Activities of head offices; management consultancy activities

About the company

RED INK A/S (CVR number: 32087906) is a company from ODENSE. The company recorded a gross profit of 1140.1 kDKK in 2023. The operating profit was 56.5 kDKK, while net earnings were 57 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.7 %, which can be considered decent but Return on Equity (ROE) was 21.4 %, which can be considered excellent. 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. RED INK A/S's liquidity measured by quick ratio was 2.9 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.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit1 960.002 114.001 705.831 379.841 140.14
EBIT10.0086.0021.572.2056.50
Net earnings6.00-43.0032.056.9956.98
Shareholders equity total241.00199.00231.13238.11295.09
Balance sheet total (assets)938.001 305.00925.80818.79858.81
Net debt239.00- 531.00- 309.92155.99- 214.36
Profitability
EBIT-%
ROA1.4 %8.3 %1.9 %1.0 %7.7 %
ROE2.5 %-19.5 %14.9 %3.0 %21.4 %
ROI3.7 %27.4 %10.0 %2.8 %18.8 %
Economic value added (EVA)-1.8148.9532.057.0040.83
Solvency
Equity ratio25.7 %15.2 %25.0 %29.1 %50.0 %
Gearing99.2 %0.5 %66.8 %
Relative net indebtedness %
Liquidity
Quick ratio1.21.11.31.42.9
Current ratio1.21.11.31.41.5
Cash and cash equivalents532.00309.923.01214.36
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:7.74%
Rating: 51/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:50.0%
Rating: 40/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Board member

Companies in the same industry

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