Redet A/S — Credit Rating and Financial Key Figures

CVR number: 44147351
Tryvej 14, 9320 Hjallerup
Free credit report Annual report

Company information

Official name
Redet A/S
Personnel
11 persons
Established
2023
Company form
Limited company
Industry

About Redet A/S

Redet A/S (CVR number: 44147351) is a company from Brønderslev. The company recorded a gross profit of 18.5 mDKK in 2024. The operating profit was 14.1 mDKK, while net earnings were 8484.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.7 %, which can be considered decent but Return on Equity (ROE) was 9.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 32.8 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Redet A/S's liquidity measured by quick ratio was 0.2 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2023
2024
Volume
Net sales
Gross profit13 221.0018 480.45
EBIT9 318.5014 142.15
Net earnings5 059.768 484.88
Shareholders equity total86 996.9695 481.85
Balance sheet total (assets)269 131.11291 172.63
Net debt141 911.63172 491.96
Profitability
EBIT-%
ROA4.0 %5.7 %
ROE5.8 %9.3 %
ROI4.2 %6.0 %
Economic value added (EVA)11 221.771 177.36
Solvency
Equity ratio32.3 %32.8 %
Gearing171.1 %184.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.40.2
Current ratio0.40.3
Cash and cash equivalents6 914.393 149.16
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAA

Variable visualization

ROA:5.74%
Rating: 45/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:32.8%
Rating: 28/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chairman of the board

Companies in the same industry

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