Red Technics Denmark ApS — Credit Rating and Financial Key Figures

CVR number: 42792667
Vestvej 1, 2770 Kastrup
Free credit report Annual report

Company information

Official name
Red Technics Denmark ApS
Personnel
73 persons
Established
2021
Company form
Private limited company
Industry

About Red Technics Denmark ApS

Red Technics Denmark ApS (CVR number: 42792667) is a company from TÅRNBY. The company recorded a gross profit of 72.7 mDKK in 2024. The operating profit was 2293 kDKK, while net earnings were 1802.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.7 %, which can be considered decent but Return on Equity (ROE) was 14 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 32.6 %, 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.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2022
2023
2024
Volume
Net sales
Gross profit49 135.1856 451.0872 724.93
EBIT1 726.861 882.272 292.95
Net earnings1 926.721 717.101 802.80
Shareholders equity total10 236.7211 953.8313 756.63
Balance sheet total (assets)17 132.8844 231.9042 175.93
Net debt3 218.1927 588.8721 783.30
Profitability
EBIT-%
ROA15.8 %7.7 %5.7 %
ROE18.8 %15.5 %14.0 %
ROI20.0 %8.9 %6.5 %
Economic value added (EVA)1 346.95788.94- 215.14
Solvency
Equity ratio59.7 %27.0 %32.6 %
Gearing31.4 %230.8 %158.3 %
Relative net indebtedness %
Liquidity
Quick ratio1.30.60.6
Current ratio1.30.60.6
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAA

Variable visualization

ROA:5.73%
Rating: 45/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:32.6%
Rating: 28/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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