TRADEG ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 537.07 | 536.54 | 421.66 | ||
Gross profit | 72.72 | 99.56 | 140.01 | 102.39 | 67.82 |
EBIT | 22.21 | 65.15 | 109.75 | 85.37 | 50.25 |
Net earnings | 13.00 | 44.34 | 80.70 | 65.05 | 49.60 |
Shareholders equity total | 646.24 | 690.58 | 731.28 | 786.51 | 836.12 |
Balance sheet total (assets) | 836.89 | 715.60 | 831.12 | 842.82 | 883.56 |
Net debt | - 747.89 | - 637.74 | - 785.53 | - 790.11 | - 338.05 |
Profitability | |||||
EBIT-% | 4.1 % | 12.1 % | 26.0 % | ||
ROA | 2.6 % | 8.4 % | 14.2 % | 10.2 % | 7.3 % |
ROE | 2.0 % | 6.6 % | 11.4 % | 8.6 % | 6.1 % |
ROI | 3.5 % | 9.7 % | 15.4 % | 11.2 % | 7.8 % |
Economic value added (EVA) | 22.63 | 54.85 | 82.95 | 69.12 | 40.47 |
Solvency | |||||
Equity ratio | 77.2 % | 96.5 % | 88.0 % | 93.3 % | 94.6 % |
Gearing | 0.2 % | 0.2 % | |||
Relative net indebtedness % | -103.8 % | -114.2 % | -162.6 % | ||
Liquidity | |||||
Quick ratio | 4.1 | 25.8 | 7.9 | 39.9 | 10.7 |
Current ratio | 4.4 | 26.6 | 8.0 | 39.9 | 10.7 |
Cash and cash equivalents | 747.89 | 637.74 | 785.53 | 791.42 | 339.31 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 120.3 % | 119.6 % | 164.7 % | ||
Credit risk | |||||
Credit rating | BB | BBB | BBB | BBB | BBB |
Variable visualization
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