REDMARK, KOMPLEMENTARANPARTSSELSKAB — Credit Rating and Financial Key Figures

CVR number: 29215294
Hasseris Bymidte 6, 9000 Aalborg

Company information

Official name
REDMARK, KOMPLEMENTARANPARTSSELSKAB
Established
2005
Company form
Private limited company
Industry

About REDMARK, KOMPLEMENTARANPARTSSELSKAB

REDMARK, KOMPLEMENTARANPARTSSELSKAB (CVR number: 29215294K) is a company from AALBORG. The company reported a net sales of 179.6 mDKK in 2021, demonstrating a decline of -1.5 % compared to the previous year. The operating profit percentage was at 2.8 % (EBIT: 5 mDKK), while net earnings were 4631 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.1 %, which can be considered decent but Return on Equity (ROE) was -104.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 30 %, 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. REDMARK, KOMPLEMENTARANPARTSSELSKAB's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2017
2018
2019
2020
2021
Volume
Net sales161.52167.38171.93182.33179.65
Gross profit131.36133.55136.36149.37149.82
EBIT9.365.935.167.274.96
Net earnings8.975.885.116.724.63
Shareholders equity total42.3034.2039.3136.3329.20
Balance sheet total (assets)114.28111.78109.30101.6797.25
Net debt32.1937.9931.2831.3831.05
Profitability
EBIT-%5.8 %3.5 %3.0 %4.0 %2.8 %
ROA8.4 %5.7 %5.1 %7.0 %5.1 %
ROE809.7 %517.3 %439.0 %-459.2 %-104.9 %
ROI12.8 %8.8 %7.7 %10.4 %7.9 %
Economic value added (EVA)9.373.092.894.702.82
Solvency
Equity ratio37.0 %30.6 %36.0 %35.7 %30.0 %
Gearing76.2 %111.4 %79.6 %86.6 %106.4 %
Relative net indebtedness %44.5 %46.3 %40.7 %35.7 %37.8 %
Liquidity
Quick ratio0.80.70.90.80.8
Current ratio0.80.70.90.80.8
Cash and cash equivalents0.040.120.030.070.04
Capital use efficiency
Trade debtors turnover (days)53.952.956.747.856.3
Net working capital %-8.1 %-12.3 %-4.8 %-6.0 %-8.6 %
Credit risk
Credit ratingAAAAAA

Variable visualization

ROA:5.08%
Rating: 43/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:30.0%
Rating: 26/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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