Red White Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 41.25 | 75.00 | 211.96 | ||
Gross profit | -9.13 | 31.75 | 63.56 | 192.43 | -9.28 |
EBIT | -9.13 | 31.75 | 63.56 | 192.43 | -9.28 |
Net earnings | -6.37 | 33.44 | 62.21 | 196.50 | -1.95 |
Shareholders equity total | 586.01 | 508.86 | 458.07 | 540.17 | 538.22 |
Balance sheet total (assets) | 621.17 | 628.36 | 664.94 | 686.25 | 689.64 |
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) | -24.62 | 12.78 | 50.85 | 187.77 | -27.88 |
Solvency | |||||
Equity ratio | 94.3 % | 81.0 % | 68.9 % | 78.7 % | 78.0 % |
Gearing | |||||
Relative net indebtedness % | -235.6 % | -159.3 % | 1.0 % | ||
Liquidity | |||||
Quick ratio | 16.6 | 4.9 | 3.0 | 4.5 | 4.4 |
Current ratio | 16.6 | 4.9 | 3.0 | 4.5 | 4.4 |
Cash and cash equivalents | 169.32 | 216.70 | 326.30 | 143.89 | 134.64 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 1138.8 % | 558.6 % | 242.5 % | ||
Credit risk | |||||
Credit rating | BB | BBB | BBB | BBB | BB |
Variable visualization
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