Red = error in the build and the number is the number of errors.
Yellow = warnings same thing with the number
Green = No warnings or errors
Now, what does this mean?
Some builds are always red, this is because of archos rombox being broken, in those bilds rombox does not build but regular rockbox is fine. If there would be more errors or if another build turns red, the build will generally not finnish so there is no way to install it.
Warnings is generally not something a user has to worry about, they can be triggered by a large number of things in the code and should be harmless.