RAVDEX A/S — Credit Rating and Financial Key Figures

CVR number: 25624475
Tårupstrandvej 15, 5300 Kerteminde
tel: 63321133

Credit rating

Company information

Official name
RAVDEX A/S
Established
2000
Company form
Limited company
Industry
  • Expand more icon35Electricity, gas, steam and air conditioning supply

About RAVDEX A/S

RAVDEX A/S (CVR number: 25624475) is a company from KERTEMINDE. The company reported a net sales of 41.9 mDKK in 2024, demonstrating a growth of 2 % compared to the previous year. The operating profit percentage was at 21.5 % (EBIT: 9 mDKK), while net earnings were 6470 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.1 %, which can be considered decent but Return on Equity (ROE) was 8.5 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 60.8 %, 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. RAVDEX A/S's liquidity measured by quick ratio was 1.7 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 financials

Net sales (mDKK)

EBIT (mDKK)

Profitability

Solidity

Key figures (mDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales34.9937.6349.4141.0541.88
Gross profit29.9230.4836.2535.1636.84
EBIT5.766.9610.6310.358.99
Net earnings3.004.467.447.286.47
Shareholders equity total61.3065.7673.2080.4871.95
Balance sheet total (assets)203.66201.65223.05229.14232.01
Net debt67.6359.79108.3590.73105.31
Profitability
EBIT-%16.5 %18.5 %21.5 %25.2 %21.5 %
ROA2.9 %3.5 %5.1 %4.6 %4.1 %
ROE5.0 %7.0 %10.7 %9.5 %8.5 %
ROI3.2 %3.8 %5.4 %5.0 %4.4 %
Economic value added (EVA)-1.09-0.602.182.441.85
Solvency
Equity ratio30.1 %32.6 %56.1 %60.9 %60.8 %
Gearing136.1 %113.6 %186.3 %164.8 %200.3 %
Relative net indebtedness %360.3 %321.4 %246.6 %260.1 %289.5 %
Liquidity
Quick ratio1.41.61.72.21.7
Current ratio1.41.61.72.21.7
Cash and cash equivalents15.8114.9328.0141.9038.80
Capital use efficiency
Trade debtors turnover (days)23.07.712.523.45.2
Net working capital %28.0 %33.5 %44.0 %80.8 %49.5 %
Credit risk
Credit ratingAAAAAAAAAAAAAAA

Variable visualization

ROA:4.10%
Rating: 40/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:60.8%
Rating: 47/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Board member
Chairman of the board

Companies in the same industry

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