RADO THERMOGLAS ApS

CVR number: 31894735
Fuglebakken 20, Assentoft 8960 Randers SØ
rado@rado.dk
tel: 86494732

Credit rating

Company information

Official name
RADO THERMOGLAS ApS
Established
2008
Domicile
Assentoft
Company form
Private limited company
Industry
  • Expand more icon23Manufacture of other non-metallic mineral products

About RADO THERMOGLAS ApS

RADO THERMOGLAS ApS (CVR number: 31894735) is a company from RANDERS. The company recorded a gross profit of -5 kDKK in 2023. The operating profit was -5 kDKK, while net earnings were -3.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3 %, which can be considered poor and Return on Equity (ROE) was -2.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 95.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. RADO THERMOGLAS ApS's liquidity measured by quick ratio was 23.9 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit-5.50-8.00-5.75-5.75-5.00
EBIT-5.50-8.00-5.75-5.75-5.00
Net earnings-5.50-8.00-4.49-4.49-3.90
Shareholders equity total180.83172.83168.34163.86159.96
Balance sheet total (assets)187.83179.83175.34170.86166.96
Net debt
Profitability
EBIT-%
ROA-2.9 %-4.4 %-3.2 %-3.3 %-3.0 %
ROE-3.0 %-4.5 %-2.6 %-2.7 %-2.4 %
ROI-3.0 %-4.5 %-3.4 %-3.5 %-3.1 %
Economic value added (EVA)-14.86-17.09-13.17-12.94-12.13
Solvency
Equity ratio96.3 %96.1 %96.0 %95.9 %95.8 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio26.825.725.024.423.9
Current ratio26.825.725.024.423.9
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBB

Variable visualization

ROA:-2.96%
Rating: 17/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:95.8%
Rating: 77/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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