Red Venture A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About Red Venture A/S
Red Venture A/S (CVR number: 10061393) is a company from FURESØ. The company recorded a gross profit of -30.6 kDKK in 2019. The operating profit was -30.6 kDKK, while net earnings were -55.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -2.1 %, which can be considered poor and Return on Equity (ROE) was -3.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 85.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Red Venture A/S's liquidity measured by quick ratio was 7.1 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 financials2016 | 2017 | 2018 | 2019 | |
---|---|---|---|---|
Volume | ||||
Net sales | ||||
Gross profit | - 131.58 | -47.93 | -21.56 | -30.61 |
EBIT | - 131.58 | -47.93 | -21.56 | -30.61 |
Net earnings | - 131.45 | - 114.88 | -54.02 | -55.13 |
Shareholders equity total | 12 707.97 | 1 593.10 | 1 539.08 | 1 483.95 |
Balance sheet total (assets) | 14 443.46 | 1 772.87 | 1 747.30 | 1 728.90 |
Net debt | -14 272.85 | -1 595.75 | -1 555.40 | -1 512.64 |
Profitability | ||||
EBIT-% | ||||
ROA | -0.9 % | -0.8 % | -2.1 % | -2.1 % |
ROE | -1.0 % | -1.6 % | -3.4 % | -3.6 % |
ROI | -1.0 % | -0.9 % | -2.1 % | -2.1 % |
Economic value added (EVA) | - 119.85 | 21.97 | -12.53 | -20.15 |
Solvency | ||||
Equity ratio | 88.0 % | 89.9 % | 88.1 % | 85.8 % |
Gearing | 0.8 % | 9.8 % | 12.1 % | 14.6 % |
Relative net indebtedness % | ||||
Liquidity | ||||
Quick ratio | 8.3 | 9.7 | 8.4 | 7.1 |
Current ratio | 8.3 | 9.7 | 8.4 | 7.1 |
Cash and cash equivalents | 14 379.48 | 1 752.39 | 1 742.05 | 1 728.90 |
Capital use efficiency | ||||
Trade debtors turnover (days) | ||||
Net working capital % | ||||
Credit risk | ||||
Credit rating | BB | BBB | BBB | B |
Variable visualization
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