RED-Tech ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About RED-Tech ApS
RED-Tech ApS (CVR number: 41334797) is a company from HELSINGØR. The company recorded a gross profit of -14.5 kDKK in 2024. The operating profit was -14.5 kDKK, while net earnings were -14.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -15 %, which can be considered poor and Return on Equity (ROE) was -20.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 79 %, 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. RED-Tech ApS's liquidity measured by quick ratio was 4.8 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 22.72 | -30.19 | -39.00 | 98.85 | -14.53 |
EBIT | 22.72 | -30.19 | -39.00 | 98.85 | -14.53 |
Net earnings | 17.45 | -30.92 | -39.28 | 92.21 | -14.62 |
Shareholders equity total | 57.45 | 26.53 | -12.74 | 79.46 | 64.84 |
Balance sheet total (assets) | 95.92 | 38.06 | 19.96 | 109.56 | 82.11 |
Net debt | -81.52 | -27.69 | 21.22 | -58.64 | -56.87 |
Profitability | |||||
EBIT-% | |||||
ROA | 23.7 % | -45.1 % | -110.2 % | 139.0 % | -15.0 % |
ROE | 30.4 % | -73.6 % | -169.0 % | 185.5 % | -20.3 % |
ROI | 39.5 % | -64.3 % | -126.8 % | 176.7 % | -19.0 % |
Economic value added (EVA) | 17.73 | -33.08 | -40.83 | 91.63 | -18.90 |
Solvency | |||||
Equity ratio | 59.9 % | 69.7 % | -39.0 % | 72.5 % | 79.0 % |
Gearing | 37.6 % | -196.0 % | 9.4 % | 0.1 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 2.5 | 3.3 | 0.6 | 3.6 | 4.8 |
Current ratio | 2.5 | 3.3 | 0.6 | 3.6 | 4.8 |
Cash and cash equivalents | 81.52 | 37.67 | 3.76 | 66.14 | 56.94 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | B | B | BB | BB |
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