T-TRADE ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About T-TRADE ApS
T-TRADE ApS (CVR number: 27971156) is a company from HØRSHOLM. The company recorded a gross profit of -17.2 kDKK in 2024. The operating profit was -17.2 kDKK, while net earnings were 126.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.6 %, which can be considered weak and Return on Equity (ROE) was 1.2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 99.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. T-TRADE ApS's liquidity measured by quick ratio was 93.2 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -41.90 | -35.81 | -13.73 | -22.85 | -17.16 |
EBIT | -41.90 | -35.81 | -13.73 | -22.85 | -17.16 |
Net earnings | - 188.56 | 302.85 | - 431.38 | 219.24 | 126.45 |
Shareholders equity total | 10 448.50 | 10 638.35 | 10 206.97 | 10 214.15 | 10 340.60 |
Balance sheet total (assets) | 11 051.77 | 10 672.27 | 10 284.17 | 10 322.00 | 10 363.85 |
Net debt | 271.02 | - 264.07 | - 397.92 | - 390.80 | - 242.59 |
Profitability | |||||
EBIT-% | |||||
ROA | 1.1 % | 3.7 % | -3.5 % | 2.5 % | 1.6 % |
ROE | -1.8 % | 2.9 % | -4.1 % | 2.1 % | 1.2 % |
ROI | 1.1 % | 3.7 % | -3.5 % | 2.5 % | 1.6 % |
Economic value added (EVA) | - 590.69 | - 582.76 | - 545.28 | - 530.49 | - 526.63 |
Solvency | |||||
Equity ratio | 94.5 % | 99.7 % | 99.2 % | 99.0 % | 99.8 % |
Gearing | 5.7 % | ||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.7 | 8.7 | 27.0 | 19.7 | 93.2 |
Current ratio | 0.7 | 8.7 | 27.0 | 19.7 | 93.2 |
Cash and cash equivalents | 325.95 | 264.07 | 397.92 | 390.80 | 242.59 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | A | BBB |
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