Red Square Logistics ApS

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CVR 25058992Transportbuen 6, 7400 HerningVirksomhedsrådgivning og anden rådgivning om driftsledelse· NACE 702200Est. 2013 · 12 years old— employees

Overview

Red Square Logistics ApS is a Danish APS based in Herning, operating in the Virksomhedsrådgivning og anden rådgivning om driftsledelse sector. Incorporated in 2013, the company reported a gross profit of DKK 581.2k in its latest annual filing.

Gross profit 2021

0.6M DKK

+950% vs 2020

EBITDA margin (of gross profit)

96.7 %

+2016% vs 2020

Net profit 2021

0.4M DKK

+14882% vs 2020

Key ratios

See full ratios →

46.3 %

Strong

Among the 40% highest rated companies in the industry

20172021

0.5×

Average

Around the average of companies in the same industry

20172021

35.8 %

Very strong

Among the 10% highest rated companies in the industry

20172021

EBITDA — year on year

DKK thousands

Key figures

Annual report 2021

Gross profit	0.6M DKK	+950%
EBITDA	0.6M DKK	+2016%
Net profit	0.4M DKK	+14882%
Total assets	1.2M DKK	+388%
Equity	0.6M DKK	+340%
Employees	—	—

Contact

Address

Transportbuen 6, 7400 Herning

Advertising protection

Active — opted out of marketing use

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Financial development

In its most recent annual report (2021), Red Square Logistics ApS reported a gross profit of DKK 581.2k, an increase of 950% on the year before. The figures on this page draw on 5 annual filings covering 2017 to 2021. The bottom line showed a net profit of DKK 432.5k, and the EBITDA margin stood at 96.7%.

At the end of 2021, equity financed 46.3% of the balance sheet, and current assets covered short-term debt 0.5 times.

Financials

Revenue

DKK thousands

EBITDA

DKK thousands

Income statement

DKK thousands

Item	2021	2020	2019	2018	2017
Revenue	581	55	286	205	11
Staff expenses	-19	-29	-1	-146	-0
EBITDA	562	27	285	19	11
Depreciation & amort.	-0	-20	-0	-0	-0
EBIT	562	7	285	19	11
Net financials	-6	-2	-1	0	-7
Profit before tax	556	5	284	19	4
Tax	124	2	64	5	-6
Net profit	433	3	220	14	10

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Balance sheet

DKK thousands

Item	2021	2020	2019	2018	2017
Total assets	1,210	248	316	47	55
Equity	560	127	226	6	-8
Long-term debt	129	0	0	0	0
Short-term debt	521	121	90	42	63
Total debt	650	121	90	42	63

Financial ratios

5-year trend

EBITDA margin

96.7 %

20172021

Equity ratio

46.3 %

Strong

Among the 40% highest rated companies in the industry

20172021

Return on equity

77.3 %

Very strong

Among the 10% highest rated companies in the industry

20172021

Net profit margin

74.4 %

20172021

Asset turnover

0.48×

20172021

Debt / equity

1.16×

Average

Around the average of companies in the same industry

20172021

Sector performance

23 of 28 ratios graded

28 financial ratios from the latest filing, each graded against companies in the same industry.

Profitability

Return on equity (ROE)Very strong

Among the 10% highest rated companies in the industry

Net profit as a percentage of equity — the return the owners earned on their invested capital this year.

Return on assets (ROA)Very strong

Among the 10% highest rated companies in the industry

Net profit as a percentage of total assets — the return generated on the capital employed.

Return on net assets (RONA)Very strong

Among the 10% highest rated companies in the industry

Profit relative to net assets (total assets minus total debt) — the ability to generate earnings from the net asset base alone.

Basic earning power (BEP)Very strong

Among the 10% highest rated companies in the industry

EBIT relative to total assets — the company's earning power before the effects of tax and financial leverage.

Capacity ratioVery strong

Among the 10% highest rated companies in the industry

Shows how strongly fixed costs weigh on the gross result — a high ratio means fixed costs take only a small bite out of the earnings from basic operations.

Gross marginNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

The gross result as a share of revenue — how much of the revenue is left after variable costs to cover the company's fixed costs.

Operating marginNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

EBIT as a share of revenue — the share of revenue remaining as earnings once all operating costs are covered. A key measure of earning power.

Net profit marginNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

The profit for the year as a share of revenue — the company's ability to turn revenue into profit.

Liquidity

Current ratioAverage

Around the average of companies in the same industry

Current assets relative to short-term debt — the ability to settle short-term obligations with current assets alone. Around 150% is considered satisfactory from a credit perspective.

Quick ratioAverage

Around the average of companies in the same industry

Current assets excluding inventory relative to short-term debt — whether the most liquid assets alone can cover the short-term obligations. A value of 1 or above signals a healthy liquidity position.

Cash ratioAverage

Around the average of companies in the same industry

Cash relative to short-term debt — the ability to repay short-term obligations with cash alone.

Current assets to equityWeak

Among the 40% lowest rated companies in the industry

Current assets relative to equity — an indicator of the balance-sheet structure and of the company's short- and long-term financing. The healthy level is highly industry-dependent.

Fixed assets to long-term capitalWeak

Among the 30% lowest rated companies in the industry

Fixed assets relative to long-term capital (equity plus long-term liabilities). Below 100% means the long-term capital finances more than just the fixed assets — a healthier liquidity position.

Cash conversion ratioAverage

Around the average of companies in the same industry

Cash flow relative to profit — the ability to convert reported profits into accessible cash.

Debt & solvency

Solidity ratioStrong

Among the 40% highest rated companies in the industry

Equity as a share of total assets — the ability to absorb losses. Around 40% is considered satisfactory from a credit perspective.

Debt ratioAverage

Around the average of companies in the same industry

Total debt relative to the balance-sheet total — the share of the assets financed by debt rather than equity.

Debt to equityAverage

Around the average of companies in the same industry

Debt relative to equity — the company's leverage. A higher value means heavier reliance on debt financing.

Liabilities to equityAverage

Around the average of companies in the same industry

Total liabilities relative to equity — whether the company operates primarily on borrowed capital or on its own.

Income to debtVery strong

Among the 10% highest rated companies in the industry

Profit relative to debt — the ability to create earnings while operating with debt.

EBITDA to debtVery strong

Among the 10% highest rated companies in the industry

EBITDA relative to debt — how much operating earnings are available to service the debt.

Interest coverageVery strong

Among the 10% highest rated companies in the industry

The ability to pay the interest on the company's debt out of its earnings.

Interest rate on debtStrong

Among the 40% highest rated companies in the industry

Financial expenses relative to total liabilities — the effective interest rate the company pays on its debt.

Interest marginVery strong

Among the 10% highest rated companies in the industry

The return on assets minus the interest rate on debt. Positive means the company benefits from operating with debt; negative means the debt makes it worse off.

Efficiency & development

Equity to contributed capitalWeak

Among the 40% lowest rated companies in the industry

Total equity relative to the capital the owners contributed — how the equity has developed from its starting point.

One-year change in equityVery strong

Among the 10% highest rated companies in the industry

The size of this year's increase or decrease in the company's equity.

One-year change in debtVery weak

Among the 10% lowest rated companies in the industry

The size of this year's increase or decrease in the company's debt.

Asset turnoverNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Revenue relative to total assets — the ability to generate revenue from the asset base.

Inventory turnoverNot rated

Cannot be graded — the figures this ratio builds on are not available in the latest filing.

Revenue relative to inventory — how many times a year the inventory is sold and replaced. A low value can indicate weak sales or excess inventory.

Annual reports & filings

Annual report 2021
Filed via CVR / Virk · Period 2020-06-01 – 2021-05-31
View PDF
Annual report 2020
Filed via CVR / Virk · Period 2019-06-01 – 2020-05-31
View PDF
Annual report 2019
Filed via CVR / Virk · Period 2018-06-01 – 2019-05-31
View PDF
Annual report 2018
Filed via CVR / Virk · Period 2017-06-01 – 2018-05-31
View PDF
Annual report 2017
Filed via CVR / Virk · Period 2016-06-01 – 2017-05-31
View PDF

People & ownership

Management

Actively employed in the business

Name	Role	Member since

Former (1)


CS Carsten Skov Management	Management	2013 – 2022

Board of directors

Non-executive oversight

No data on file.

Shareholders

Active legal owners

Shareholder	Type	Ownership	Votes	Registered
RED SQUARE HOLDING ApS	Company	100%	100%	2013

Beneficial ownership (UBO) data access is restricted in Denmark as of September 2025 per the EU 6th AML Directive. Learn more.

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Related companies

Company hierarchy

RED SQUARE HOLDING ApS100%

Red Square Logistics ApS (this company)

Board network connections

Board members of Red Square Logistics ApS hold no positions in other companies.

Frequently asked questions

What is the CVR number of Red Square Logistics ApS?

Red Square Logistics ApS is registered with CVR / Virk under CVR 25058992.

What is the gross profit of Red Square Logistics ApS?

Red Square Logistics ApS reported a gross profit of DKK 581.2k in 2021.

Where is Red Square Logistics ApS headquartered?

Red Square Logistics ApS's registered address is Transportbuen 6.