QRD ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About QRD ApS
QRD ApS (CVR number: 42639567) is a company from RØDOVRE. The company reported a net sales of 0.4 mDKK in 2024, demonstrating a decline of -0.6 % compared to the previous year. The operating profit percentage was poor at -22.7 % (EBIT: -0.1 mDKK), while net earnings were -128 kDKK. The profitability of the company measured by Return on Assets (ROA) was -8.1 %, which can be considered poor and Return on Equity (ROE) was -12 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -9.7 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. QRD ApS's liquidity measured by quick ratio was 5.4 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|
Volume | ||||
Net sales | 19.40 | 104.00 | 410.64 | 408.09 |
Gross profit | -21.53 | -0.19 | 102.80 | -92.68 |
EBIT | -21.53 | -90.38 | 65.70 | -92.68 |
Net earnings | -22.13 | -92.79 | 65.70 | - 128.04 |
Shareholders equity total | 17.88 | 988.60 | 1 052.43 | - 116.98 |
Balance sheet total (assets) | 621.03 | 1 000.59 | 1 094.09 | 1 087.14 |
Net debt | -14.21 | - 286.20 | - 325.45 | - 318.51 |
Profitability | ||||
EBIT-% | -111.0 % | -86.9 % | 16.0 % | -22.7 % |
ROA | -3.5 % | -11.1 % | 6.3 % | -8.1 % |
ROE | -123.8 % | -18.4 % | 6.4 % | -12.0 % |
ROI | -120.4 % | -18.0 % | 6.4 % | -17.6 % |
Economic value added (EVA) | -21.53 | -91.28 | 16.02 | - 145.56 |
Solvency | ||||
Equity ratio | 2.9 % | 98.8 % | 96.2 % | -9.7 % |
Gearing | ||||
Relative net indebtedness % | 3035.8 % | -263.7 % | -69.1 % | -63.5 % |
Liquidity | ||||
Quick ratio | 0.0 | 23.9 | 7.8 | 5.4 |
Current ratio | 1.0 | 83.5 | 26.3 | 18.3 |
Cash and cash equivalents | 14.21 | 286.20 | 325.45 | 318.51 |
Capital use efficiency | ||||
Trade debtors turnover (days) | ||||
Net working capital % | 92.1 % | 950.6 % | 256.3 % | 251.8 % |
Credit risk | ||||
Credit rating | BB | BB | BB | BB |
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