RD8 Technology ApS — Credit Rating and Financial Key Figures

CVR number: 42718483
Strandboulevarden 122, 2100 København Ø

Credit rating

Company information

Official name
RD8 Technology ApS
Personnel
13 persons
Established
2021
Company form
Private limited company
Industry

About RD8 Technology ApS

RD8 Technology ApS (CVR number: 42718483) is a company from KØBENHAVN. The company recorded a gross profit of 5535.8 kDKK in 2024. The operating profit was -530.1 kDKK, while net earnings were -286.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2 %, which can be considered poor and Return on Equity (ROE) was -1.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 30.4 %, 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. RD8 Technology ApS's liquidity measured by quick ratio was 0.2 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2021
2022
2023
2024
Volume
Net sales
Gross profit13.762 470.104 536.455 535.79
EBIT- 181.12-1 095.55- 433.83- 530.14
Net earnings13.01- 420.88- 217.99- 286.38
Shareholders equity total53.01- 307.87- 525.869 187.76
Balance sheet total (assets)7 260.8314 346.3722 052.0230 220.95
Net debt2 016.209 716.9817 634.7614 081.12
Profitability
EBIT-%
ROA-2.5 %-10.0 %-2.3 %-2.0 %
ROE24.5 %-5.8 %-1.2 %-1.8 %
ROI-5.5 %-14.1 %-2.6 %-2.1 %
Economic value added (EVA)- 128.59- 941.99- 911.23-1 437.39
Solvency
Equity ratio0.7 %-2.1 %-2.3 %30.4 %
Gearing3886.1 %-3182.8 %-3422.7 %153.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.30.20.20.2
Current ratio0.30.20.20.2
Cash and cash equivalents43.8082.02364.24
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:-2.00%
Rating: 18/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:30.4%
Rating: 26/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chairman of the board

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