RELATED ApS — Credit Rating and Financial Key Figures

CVR number: 27209815
Frederiksgade 1, 8000 Aarhus C
finance@related.dk
tel: 70233577

Credit rating

Company information

Official name
RELATED ApS
Personnel
8 persons
Established
2003
Company form
Private limited company
Industry

About RELATED ApS

RELATED ApS (CVR number: 27209815) is a company from AARHUS. The company recorded a gross profit of 8623.7 kDKK in 2023. The operating profit was 947.9 kDKK, while net earnings were 640.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 14.5 %, which can be considered good but Return on Equity (ROE) was 34.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 24.2 %, 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. RELATED ApS's liquidity measured by quick ratio was 1.1 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit6 398.815 943.006 041.189 004.068 623.67
EBIT1 410.31502.34575.751 770.91947.87
Net earnings1 156.72335.19453.631 349.82640.57
Shareholders equity total1 821.891 157.081 610.712 060.521 701.10
Balance sheet total (assets)5 644.133 754.014 708.497 136.727 041.50
Net debt- 258.17-1 325.05- 191.83706.952 224.18
Profitability
EBIT-%
ROA36.4 %11.0 %15.2 %31.2 %14.5 %
ROE74.9 %22.5 %32.8 %73.5 %34.1 %
ROI86.5 %43.5 %333.8 %139.9 %35.1 %
Economic value added (EVA)1 047.26331.26460.211 322.91667.38
Solvency
Equity ratio32.3 %30.8 %25.1 %28.9 %24.2 %
Gearing9.2 %7.9 %12.7 %91.8 %150.4 %
Relative net indebtedness %
Liquidity
Quick ratio3.31.51.51.41.1
Current ratio3.31.51.51.41.1
Cash and cash equivalents425.981 416.14396.041 183.81334.88
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:14.5%
Rating: 65/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:24.2%
Rating: 22/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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