RADO HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About RADO HOLDING ApS
RADO HOLDING ApS (CVR number: 29798435) is a company from HVIDOVRE. The company recorded a gross profit of -8.6 kDKK in 2023. The operating profit was -8.6 kDKK, while net earnings were 488 kDKK. The profitability of the company measured by Return on Assets (ROA) was 31.5 %, which can be considered excellent and Return on Equity (ROE) was 45.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 71.8 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. RADO HOLDING ApS's liquidity measured by quick ratio was 1.6 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -5.53 | -5.63 | -5.63 | -7.50 | -8.63 |
EBIT | -5.53 | -5.63 | -5.63 | -7.50 | -8.63 |
Net earnings | 190.75 | 95.81 | -2.86 | -7.21 | 488.03 |
Shareholders equity total | 801.01 | 896.82 | 893.96 | 886.75 | 1 256.98 |
Balance sheet total (assets) | 1 210.52 | 1 223.81 | 1 472.70 | 1 366.36 | 1 749.61 |
Net debt | 393.83 | 321.49 | 573.24 | 204.55 | - 103.97 |
Profitability | |||||
EBIT-% | |||||
ROA | 16.1 % | 7.8 % | -0.3 % | -0.5 % | 31.5 % |
ROE | 25.1 % | 11.3 % | -0.3 % | -0.8 % | 45.5 % |
ROI | 16.2 % | 7.8 % | -0.3 % | -0.6 % | 37.4 % |
Economic value added (EVA) | 13.28 | 13.02 | 6.57 | 6.24 | 5.26 |
Solvency | |||||
Equity ratio | 66.2 % | 73.3 % | 60.7 % | 64.9 % | 71.8 % |
Gearing | 49.2 % | 35.8 % | 64.1 % | 23.1 % | 22.1 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.2 | 0.3 | 0.6 | 0.6 | 1.6 |
Current ratio | 0.2 | 0.3 | 0.6 | 0.6 | 1.6 |
Cash and cash equivalents | 381.31 | ||||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | A | AA |
Variable visualization
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