Red Thread ApS — Credit Rating and Financial Key Figures

Red Thread ApS (CVR number: 43421875) is a company from FREDERIKSBERG. The company recorded a gross profit of 455.5 kDKK in 2023. The operating profit was 44.4 kDKK, while net earnings were 29 kDKK. The profitability of the company measured by Return on Assets (ROA) was 28.3 %, which can be considered excellent and Return on Equity (ROE) was 42.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 43.9 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Red Thread ApS's liquidity measured by quick ratio was 1.8 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.