TRADEG ApS — Credit Rating and Financial Key Figures

CVR number: 26435781
Buddingevej 344, 2860 Søborg
bent@tradeg.dk
tel: 40165358

Credit rating

Company information

Official name
TRADEG ApS
Personnel
1 person
Established
2002
Company form
Private limited company
Industry

About TRADEG ApS

TRADEG ApS (CVR number: 26435781) is a company from GLADSAXE. The company recorded a gross profit of 67.8 kDKK in 2023. The operating profit was 50.3 kDKK, while net earnings were 49.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.3 %, which can be considered decent and Return on Equity (ROE) was 6.1 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 94.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. TRADEG ApS's liquidity measured by quick ratio was 10.7 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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales537.07536.54421.66
Gross profit72.7299.56140.01102.3967.82
EBIT22.2165.15109.7585.3750.25
Net earnings13.0044.3480.7065.0549.60
Shareholders equity total646.24690.58731.28786.51836.12
Balance sheet total (assets)836.89715.60831.12842.82883.56
Net debt- 747.89- 637.74- 785.53- 790.11- 338.05
Profitability
EBIT-%4.1 %12.1 %26.0 %
ROA2.6 %8.4 %14.2 %10.2 %7.3 %
ROE2.0 %6.6 %11.4 %8.6 %6.1 %
ROI3.5 %9.7 %15.4 %11.2 %7.8 %
Economic value added (EVA)22.6354.8582.9569.1240.47
Solvency
Equity ratio77.2 %96.5 %88.0 %93.3 %94.6 %
Gearing0.2 %0.2 %
Relative net indebtedness %-103.8 %-114.2 %-162.6 %
Liquidity
Quick ratio4.125.87.939.910.7
Current ratio4.426.68.039.910.7
Cash and cash equivalents747.89637.74785.53791.42339.31
Capital use efficiency
Trade debtors turnover (days)
Net working capital %120.3 %119.6 %164.7 %
Credit risk
Credit ratingBBBBBBBBBBBBBB

Variable visualization

ROA:7.34%
Rating: 50/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:94.6%
Rating: 75/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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