RED AND WHITE ApS — Credit Rating and Financial Key Figures

CVR number: 12050593
Carl Ewalds Vej 10, 9900 Frederikshavn
tel: 98431704

Credit rating

Company information

Official name
RED AND WHITE ApS
Personnel
1 person
Established
1988
Company form
Private limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About RED AND WHITE ApS

RED AND WHITE ApS (CVR number: 12050593) is a company from FREDERIKSHAVN. The company recorded a gross profit of -140.5 kDKK in 2023. The operating profit was -257.7 kDKK, while net earnings were -319.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -6.8 %, which can be considered poor and Return on Equity (ROE) was -9.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 80.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. RED AND WHITE ApS's liquidity measured by quick ratio was 2.3 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit43.02-14.23-14.32222.67- 140.52
EBIT43.02- 432.44- 403.47-23.92- 257.69
Net earnings- 115.86-1 151.31- 552.65- 265.38- 319.08
Shareholders equity total3 741.162 589.852 037.203 396.873 020.49
Balance sheet total (assets)5 795.844 806.564 411.514 694.333 740.03
Net debt- 546.05-62.79305.14-2 217.66-1 480.79
Profitability
EBIT-%
ROA-1.0 %-8.0 %-9.7 %-2.7 %-6.8 %
ROE-3.0 %-36.4 %-23.9 %-9.8 %-9.9 %
ROI-1.0 %-8.2 %-10.3 %-3.3 %-8.7 %
Economic value added (EVA)-88.86- 493.49- 408.59-33.48- 301.54
Solvency
Equity ratio64.5 %53.9 %46.2 %72.4 %80.8 %
Gearing51.8 %79.0 %97.4 %3.0 %3.5 %
Relative net indebtedness %
Liquidity
Quick ratio1.81.20.92.02.3
Current ratio2.21.51.32.63.3
Cash and cash equivalents2 485.732 108.121 678.632 318.101 586.09
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBBBBBBBBBB

Variable visualization

ROA:-6.80%
Rating: 13/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:80.8%
Rating: 60/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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