RED ASSOCIATES A/S — Credit Rating and Financial Key Figures

RED ASSOCIATES A/S (CVR number: 28325290) is a company from KØBENHAVN. The company recorded a gross profit of 52.6 mDKK in 2024. The operating profit was 14.5 mDKK, while net earnings were 12.9 mDKK. The profitability of the company measured by Return on Assets (ROA) was 25.8 %, which can be considered excellent and Return on Equity (ROE) was 33.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 39.6 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. RED ASSOCIATES A/S's liquidity measured by quick ratio was 1.8 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.