Ruby & Red I/S — Credit Rating and Financial Key Figures

CVR number: 38877089
Borgergade 3, 1300 København K
mika@rubyandred.com
tel: 31361682
www.rubyandred.com

Credit rating

Company information

Official name
Ruby & Red I/S
Established
2017
Company form
General partnership
Industry
  • Expand more icon74Other professional, scientific and technical activities

About Ruby & Red I/S

Ruby & Red I/S (CVR number: 38877089) is a company from KØBENHAVN. The company recorded a gross profit of 1660.7 kDKK in 2023. The operating profit was 1660.7 kDKK, while net earnings were 1660.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 267 %, which can be considered excellent and Return on Equity (ROE) was 532.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 59 %, 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. Ruby & Red I/S's liquidity measured by quick ratio was 2.4 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
20192020202120222023
Volume
Net sales1 964.382 704.77
Gross profit1 590.231 594.072 797.071 723.031 660.72
EBIT1 582.951 586.802 789.801 723.031 660.72
Net earnings1 582.191 583.212 783.661 720.111 660.53
Shareholders equity total467.29752.501 205.77307.88315.40
Balance sheet total (assets)695.021 720.771 747.59709.70534.41
Net debt-65.30- 693.45- 990.232.10- 151.02
Profitability
EBIT-%80.6 %58.7 %
ROA322.6 %131.4 %160.9 %140.2 %267.0 %
ROE470.6 %259.6 %284.3 %227.3 %532.8 %
ROI470.8 %260.2 %281.5 %220.7 %512.9 %
Economic value added (EVA)1 574.871 566.602 786.831 713.401 646.36
Solvency
Equity ratio67.2 %55.7 %69.0 %43.4 %59.0 %
Gearing2.0 %7.8 %0.1 %
Relative net indebtedness %8.3 %10.2 %
Liquidity
Quick ratio2.92.93.21.72.4
Current ratio2.91.83.21.72.4
Cash and cash equivalents65.30693.451 014.2022.02151.22
Capital use efficiency
Trade debtors turnover (days)112.5136.4
Net working capital %22.6 %27.2 %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:267.0%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:59.0%
Rating: 46/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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