Red Tide Holding ApS — Credit Rating and Financial Key Figures

CVR number: 33640625
Hoffmeyersvej 29, 2000 Frederiksberg

Credit rating

Company information

Official name
Red Tide Holding ApS
Established
2011
Company form
Private limited company
Industry

About Red Tide Holding ApS

Red Tide Holding ApS (CVR number: 33640625) is a company from FREDERIKSBERG. The company recorded a gross profit of -15.1 kDKK in 2024. The operating profit was -15.1 kDKK, while net earnings were -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 -0.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 99.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Red Tide Holding ApS's liquidity measured by quick ratio was 130.4 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
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit243.38-12.84-14.80-4.13-15.14
EBIT234.15-12.84-14.80-4.13-15.14
Net earnings173.81-20.05-19.97-2.36-8.00
Shareholders equity total2 443.922 310.882 176.502 056.341 926.34
Balance sheet total (assets)2 491.272 352.282 195.302 067.791 940.91
Net debt-2 395.22-2 277.02-2 112.76-2 003.69-1 875.60
Profitability
EBIT-%
ROA8.2 %-0.5 %-0.7 %-0.1 %-0.5 %
ROE7.2 %-0.8 %-0.9 %-0.1 %-0.4 %
ROI9.7 %-0.5 %-0.7 %-0.1 %-0.5 %
Economic value added (EVA)63.04- 132.92- 127.80- 113.50- 115.10
Solvency
Equity ratio98.1 %98.2 %99.1 %99.4 %99.2 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio51.855.9114.7177.1130.4
Current ratio51.855.9114.7177.1130.4
Cash and cash equivalents2 395.222 277.022 112.762 003.691 875.60
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:-0.50%
Rating: 19/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.2%
Rating: 88/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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