Red White Holding ApS — Credit Rating and Financial Key Figures

CVR number: 37337234
Skodshøjen 40, 8240 Risskov
redredwine@mail.dk

Company information

Official name
Red White Holding ApS
Established
2015
Company form
Private limited company
Industry

About Red White Holding ApS

Red White Holding ApS (CVR number: 37337234) is a company from AARHUS. The company recorded a gross profit of -9.3 kDKK in 2023, demonstrating a decline of 0 % compared to the previous year. The operating profit was -9.3 kDKK, while net earnings were -2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.5 %, which can be considered weak but Return on Equity (ROE) was -0.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 78 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Red White Holding ApS's liquidity measured by quick ratio was 4.4 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales41.2575.00211.96
Gross profit-9.1331.7563.56192.43-9.28
EBIT-9.1331.7563.56192.43-9.28
Net earnings-6.3733.4462.21196.50-1.95
Shareholders equity total586.01508.86458.07540.17538.22
Balance sheet total (assets)621.17628.36664.94686.25689.64
Net debt- 169.32- 216.70- 326.30- 143.89- 134.64
Profitability
EBIT-%77.0 %84.8 %90.8 %
ROA-0.1 %6.2 %10.8 %30.2 %0.5 %
ROE-1.0 %6.1 %12.9 %39.4 %-0.4 %
ROI-0.2 %7.1 %14.4 %40.9 %0.6 %
Economic value added (EVA)-24.6212.7850.85187.77-27.88
Solvency
Equity ratio94.3 %81.0 %68.9 %78.7 %78.0 %
Gearing
Relative net indebtedness %-235.6 %-159.3 %1.0 %
Liquidity
Quick ratio16.64.93.04.54.4
Current ratio16.64.93.04.54.4
Cash and cash equivalents169.32216.70326.30143.89134.64
Capital use efficiency
Trade debtors turnover (days)
Net working capital %1138.8 %558.6 %242.5 %
Credit risk
Credit ratingBBBBBBBBBBBBB

Variable visualization

ROA:0.49%
Rating: 22/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:78.0%
Rating: 58/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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