RD Holding, Varde ApS — Credit Rating and Financial Key Figures

CVR number: 38684167
Toftnæsvej 43, Alslev 6800 Varde
rd@brandt-as.dk

Credit rating

Company information

Official name
RD Holding, Varde ApS
Established
2017
Domicile
Alslev
Company form
Private limited company
Industry

About RD Holding, Varde ApS

RD Holding, Varde ApS (CVR number: 38684167K) is a company from VARDE. The company recorded a gross profit of 50.6 mDKK in 2023. The operating profit was 8045.3 kDKK, while net earnings were 4406.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6 %, which can be considered decent but Return on Equity (ROE) was 11.7 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 50.7 %, 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. RD Holding, Varde ApS's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

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 profit47 400.2358 695.5772 643.4866 678.1650 633.28
EBIT12 335.5018 513.1923 649.5919 102.838 045.34
Net earnings8 890.9113 781.3117 839.1113 187.794 406.56
Shareholders equity total19 522.7931 693.4957 008.0662 775.8469 488.14
Balance sheet total (assets)82 025.58100 032.37173 669.43144 102.03137 030.41
Net debt26 545.2133 098.4562 415.4637 446.8427 507.34
Profitability
EBIT-%
ROA15.2 %20.4 %17.7 %12.1 %6.0 %
ROE97.9 %81.9 %63.0 %36.0 %11.7 %
ROI19.9 %27.4 %22.0 %14.2 %6.9 %
Economic value added (EVA)8 023.6412 810.0816 215.9911 091.582 385.30
Solvency
Equity ratio23.8 %31.7 %32.8 %43.6 %50.7 %
Gearing155.8 %124.4 %111.3 %64.6 %43.7 %
Relative net indebtedness %
Liquidity
Quick ratio0.70.70.30.50.5
Current ratio1.21.11.11.41.4
Cash and cash equivalents3 870.796 325.201 051.893 101.822 830.30
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAAAAAA

Variable visualization

ROA:6.05%
Rating: 46/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:50.7%
Rating: 40/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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