RADO HOLDING 2008 ApS — Credit Rating and Financial Key Figures

CVR number: 34379513
Fuglebakken 20, Assentoft 8960 Randers SØ
tel: 86495411

Company information

Official name
RADO HOLDING 2008 ApS
Personnel
1 person
Established
1971
Domicile
Assentoft
Company form
Private limited company
Industry

About RADO HOLDING 2008 ApS

RADO HOLDING 2008 ApS (CVR number: 34379513) is a company from RANDERS. The company recorded a gross profit of -40.9 kDKK in 2023. The operating profit was -152.4 kDKK, while net earnings were 204.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.5 %, which can be considered decent and Return on Equity (ROE) was 6.1 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 96.2 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. RADO HOLDING 2008 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 profit-45.28-59.58-51.84-39.49-40.91
EBIT-45.28- 258.62- 186.53-87.02- 152.43
Net earnings173.04233.57- 376.4699.60204.79
Shareholders equity total4 588.004 669.573 222.113 321.713 408.70
Balance sheet total (assets)4 666.684 843.323 369.223 454.423 542.53
Net debt-36.00- 108.2116.15- 209.55-2.49
Profitability
EBIT-%
ROA4.0 %7.2 %-2.1 %3.8 %7.5 %
ROE3.8 %5.0 %-9.5 %3.0 %6.1 %
ROI4.0 %7.3 %-2.1 %3.8 %7.6 %
Economic value added (EVA)- 253.15- 398.05- 362.90- 216.12- 261.44
Solvency
Equity ratio98.3 %96.4 %95.6 %96.2 %96.2 %
Gearing0.6 %1.3 %3.8 %3.4 %3.2 %
Relative net indebtedness %
Liquidity
Quick ratio1.61.01.63.31.1
Current ratio1.61.01.63.31.1
Cash and cash equivalents65.30170.89105.31322.26110.20
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBABBBAA

Variable visualization

ROA:7.53%
Rating: 50/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:96.2%
Rating: 77/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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