Red Technics Denmark ApS — Credit Rating and Financial Key Figures

Red Technics Denmark ApS (CVR number: 42792667) is a company from TÅRNBY. The company recorded a gross profit of 56.5 mDKK in 2023. The operating profit was 1882.3 kDKK, while net earnings were 1448.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.7 %, which can be considered decent but Return on Equity (ROE) was 13.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 26.4 %, 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. Red Technics Denmark ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.