Rada Development ApS — Credit Rating and Financial Key Figures

CVR number: 42646172
Amerika Plads 19, 2100 København Ø
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Company information

Official name
Rada Development ApS
Established
2021
Company form
Private limited company
Industry

About Rada Development ApS

Rada Development ApS (CVR number: 42646172) is a company from KØBENHAVN. The company recorded a gross profit of -6.1 kDKK in 2024. The operating profit was -6.1 kDKK, while net earnings were -276.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0 %, which can be considered poor and Return on Equity (ROE) was -1.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -4.5 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Rada Development 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.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2022
2023
2024
Volume
Net sales
Gross profit-5.00-5.50-6.13
EBIT-5.00-5.50-6.13
Net earnings- 530.46- 408.52- 276.11
Shareholders equity total- 490.46- 898.99-1 175.10
Balance sheet total (assets)25 189.6025 304.8125 040.00
Net debt5.0010.63
Profitability
EBIT-%
ROA-0.0 %-0.0 %-0.0 %
ROE-2.1 %-1.6 %-1.1 %
ROI-220.0 %-78.4 %
Economic value added (EVA)-3.9020.3640.57
Solvency
Equity ratio-1.9 %-3.4 %-4.5 %
Gearing-0.6 %-0.9 %
Relative net indebtedness %
Liquidity
Quick ratio37.929.01.8
Current ratio37.929.01.8
Cash and cash equivalents
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBB

Variable visualization

ROA:-0.02%
Rating: 20/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-4.48%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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