RAADVAD SMEDIE ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About RAADVAD SMEDIE ApS
RAADVAD SMEDIE ApS (CVR number: 26100542) is a company from LYNGBY-TAARBÆK. The company recorded a gross profit of 540.8 kDKK in 2023. The operating profit was -225.5 kDKK, while net earnings were -158.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -33.5 %, which can be considered poor and Return on Equity (ROE) was -30.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 67 %, 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. RAADVAD SMEDIE ApS's liquidity measured by quick ratio was 2.9 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 | 1 087.82 | 818.11 | - 841.18 | 1 210.52 | 540.82 |
EBIT | 57.65 | 89.26 | - 106.65 | -6.93 | - 225.51 |
Net earnings | 60.67 | 82.41 | - 106.65 | 50.78 | - 158.23 |
Shareholders equity total | 550.06 | 730.09 | 623.44 | 591.33 | 433.10 |
Balance sheet total (assets) | 935.93 | 1 122.42 | 769.47 | 695.59 | 646.86 |
Net debt | - 300.34 | - 702.53 | - 354.04 | - 351.05 | - 283.92 |
Profitability | |||||
EBIT-% | |||||
ROA | 6.8 % | 8.0 % | -11.3 % | -0.9 % | -33.5 % |
ROE | 11.7 % | 12.9 % | -15.8 % | 8.4 % | -30.9 % |
ROI | 11.7 % | 12.9 % | -15.8 % | -1.1 % | -43.9 % |
Economic value added (EVA) | 47.99 | 76.71 | - 108.03 | -18.46 | - 164.63 |
Solvency | |||||
Equity ratio | 58.8 % | 65.0 % | 81.0 % | 85.0 % | 67.0 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.4 | 2.8 | 5.1 | 6.3 | 2.9 |
Current ratio | 2.4 | 2.9 | 5.3 | 6.7 | 3.0 |
Cash and cash equivalents | 300.34 | 702.53 | 354.04 | 351.05 | 283.92 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BB | BBB | BB |
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