RARD Holding ApS — Credit Rating and Financial Key Figures

CVR number: 38507338
Storegade 88, 6100 Haderslev
rdejendomme@gmail.com

Company information

Official name
RARD Holding ApS
Established
2017
Company form
Private limited company
Industry

About RARD Holding ApS

RARD Holding ApS (CVR number: 38507338) is a company from HADERSLEV. The company reported a net sales of 0.7 mDKK in 2022, demonstrating a growth of 284142.5 % compared to the previous year. The operating profit percentage was at 96.5 % (EBIT: 0.7 mDKK), while net earnings were 922.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 16.7 %, which can be considered excellent and Return on Equity (ROE) was 19.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 84.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. RARD Holding ApS's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2018
2019
2020
2021
2022
Volume
Net sales318.54339.19442.920.26736.19
Gross profit277.78331.09431.75-11.96710.63
EBIT277.78331.09431.75-11.96710.63
Net earnings316.95346.44377.98- 147.73922.79
Shareholders equity total3 058.043 350.483 876.584 168.245 118.85
Balance sheet total (assets)4 366.454 743.245 352.365 676.146 073.21
Net debt- 107.44-1 446.08-1 422.19-1 249.82- 824.76
Profitability
EBIT-%87.2 %97.6 %97.5 %-4618.5 %96.5 %
ROA7.8 %8.7 %8.7 %-0.2 %16.7 %
ROE10.9 %10.8 %10.5 %-3.7 %19.9 %
ROI13.0 %12.3 %12.1 %-0.3 %21.1 %
Economic value added (EVA)278.98350.15536.42124.82896.20
Solvency
Equity ratio70.0 %70.6 %72.4 %73.4 %84.3 %
Gearing
Relative net indebtedness %377.0 %-15.7 %12.1 %99643.2 %17.6 %
Liquidity
Quick ratio1.21.01.00.80.9
Current ratio1.21.01.00.80.9
Cash and cash equivalents107.441 446.081 422.191 249.82824.76
Capital use efficiency
Trade debtors turnover (days)
Net working capital %75.8 %-15.3 %-28.7 %-284211.2 %-17.5 %
Credit risk
Credit ratingAAABBBA

Variable visualization

ROA:16.7%
Rating: 69/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:84.3%
Rating: 64/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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