RADEC ApS — Credit Rating and Financial Key Figures

CVR number: 12672276
Sødalsvej 10, 8220 Brabrand
tel: 86262297

Company information

Official name
RADEC ApS
Established
1988
Company form
Private limited company
Industry
  • Expand more icon33Repair and installation of machinery and equipment

About RADEC ApS

RADEC ApS (CVR number: 12672276) is a company from AARHUS. The company recorded a gross profit of 0 kDKK in 2022, demonstrating a decline of -100 % compared to the previous year. The operating profit was 0 kDKK, while net earnings were 0 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0 %, which can be considered poor and Return on Equity (ROE) was 0 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 0 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. RADEC ApS's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2018
2019
2020
2021
2022
Volume
Net sales379.62294.5375.19185.38
Gross profit134.7349.13-40.0559.80
EBIT134.7349.13-43.2555.65
Net earnings103.3935.14-29.0240.81
Shareholders equity total439.41474.56395.54436.35
Balance sheet total (assets)502.42509.39409.54467.85
Net debt- 489.12- 498.17- 330.90- 455.02
Profitability
EBIT-%35.5 %16.7 %-57.5 %30.0 %
ROA26.8 %9.7 %-8.7 %12.7 %
ROE26.7 %7.7 %-6.7 %9.8 %
ROI34.8 %10.8 %-9.2 %13.4 %
Economic value added (EVA)116.5455.88-15.2851.4116.58
Solvency
Equity ratio87.5 %93.2 %96.6 %93.3 %
Gearing
Relative net indebtedness %-112.2 %-157.3 %-421.5 %-228.5 %
Liquidity
Quick ratio7.814.328.714.9
Current ratio7.914.528.714.9
Cash and cash equivalents489.12498.17330.90455.02
Capital use efficiency
Trade debtors turnover (days)
Net working capital %114.0 %159.5 %515.1 %235.4 %
Credit risk
Credit ratingBBBBBBB

Variable visualization

Companies in the same industry

Build time: 2025-02-10T13:58:57.305Z

Try the full version of our system for free
Bankruptcy risk visualization example

... and more!

No registration needed.