RedFox Cycles ApS — Credit Rating and Financial Key Figures

RedFox Cycles ApS (CVR number: 39869020) is a company from KØBENHAVN. The company reported a net sales of 0.3 mDKK in 2023, demonstrating a decline of -33.2 % compared to the previous year. The operating profit percentage was poor at -9 % (EBIT: -0 mDKK), while net earnings were -25.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -20.9 %, which can be considered poor and Return on Equity (ROE) was -37.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -36.8 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. RedFox Cycles ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.