RED ASSOCIATES HOLDING A/S — Credit Rating and Financial Key Figures

RED ASSOCIATES HOLDING A/S (CVR number: 31076927) is a company from KØBENHAVN. The company recorded a gross profit of -124 kDKK in 2024. The operating profit was -124 kDKK, while net earnings were 3980 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.6 %, which can be considered good but Return on Equity (ROE) was 30.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 28.5 %, 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 ASSOCIATES HOLDING A/S's liquidity measured by quick ratio was 75.9 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.