Rada Development ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2022 | 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) | 25 189.60 | 25 304.81 | 25 040.00 |
| Net debt | 5.00 | 10.63 | |
| 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) | -3.90 | 20.36 | 40.57 |
| Solvency | |||
| Equity ratio | -1.9 % | -3.4 % | -4.5 % |
| Gearing | -0.6 % | -0.9 % | |
| Relative net indebtedness % | |||
| Liquidity | |||
| Quick ratio | 37.9 | 29.0 | 1.8 |
| Current ratio | 37.9 | 29.0 | 1.8 |
| Cash and cash equivalents | |||
| Capital use efficiency | |||
| Trade debtors turnover (days) | |||
| Net working capital % | |||
| Credit risk | |||
| Credit rating | BBB | BB | BB |
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