REDTZ GLAS OG FACADE A/S — Credit Rating and Financial Key Figures

CVR number: 75955510
Niels Bohrs Allé 181, 5220 Odense SØ
tel: 66147913

Credit rating

Company information

Official name
REDTZ GLAS OG FACADE A/S
Personnel
48 persons
Established
1984
Company form
Limited company
Industry
  • Expand more icon43Specialised construction activities

About REDTZ GLAS OG FACADE A/S

REDTZ GLAS OG FACADE A/S (CVR number: 75955510) is a company from ODENSE. The company recorded a gross profit of 15.3 mDKK in 2023. The operating profit was 1383.2 kDKK, while net earnings were 447.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.4 %, which can be considered weak but Return on Equity (ROE) was 9.4 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 23.3 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. REDTZ GLAS OG FACADE A/S's liquidity measured by quick ratio was 1.6 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit14 706.1619 831.7019 686.0313 984.3515 277.33
EBIT2 399.775 271.023 520.43-2 616.271 383.16
Net earnings2 286.044 846.302 784.05-4 540.89447.25
Shareholders equity total17 130.6418 976.9412 560.994 520.104 967.35
Balance sheet total (assets)34 495.7441 994.1436 651.6632 689.7630 773.13
Net debt9 733.18394.44
Profitability
EBIT-%
ROA8.1 %13.8 %9.0 %-13.7 %3.4 %
ROE14.3 %26.8 %17.7 %-53.2 %9.4 %
ROI9.2 %13.8 %9.0 %-18.1 %8.7 %
Economic value added (EVA)2 134.934 410.212 566.84-2 695.641 059.28
Solvency
Equity ratio100.0 %100.0 %100.0 %15.1 %23.3 %
Gearing215.6 %65.1 %
Relative net indebtedness %
Liquidity
Quick ratio1.01.6
Current ratio1.11.1
Cash and cash equivalents10.502 839.25
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:3.40%
Rating: 37/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:23.3%
Rating: 22/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Chairman of the board

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