TRADITE ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About TRADITE ApS
TRADITE ApS (CVR number: 32771955) is a company from FREDENSBORG. The company recorded a gross profit of -6 kDKK in 2023. The operating profit was -6 kDKK, while net earnings were 270.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.7 %, which can be considered good but Return on Equity (ROE) was 18 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 49.4 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. TRADITE ApS's liquidity measured by quick ratio was 30.1 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -4.28 | -3.76 | -4.97 | -5.80 | -6.03 |
EBIT | -4.28 | -3.76 | -4.97 | -5.80 | -6.03 |
Net earnings | 594.31 | 870.39 | 145.95 | 289.31 | 270.59 |
Shareholders equity total | 64.42 | 934.81 | 1 080.76 | 1 370.07 | 1 640.66 |
Balance sheet total (assets) | 1 985.58 | 2 623.19 | 3 670.53 | 2 954.28 | 3 320.52 |
Net debt | 1 826.55 | 1 647.65 | 1 560.94 | 1 005.86 | 1 072.68 |
Profitability | |||||
EBIT-% | |||||
ROA | 31.8 % | 39.4 % | 6.9 % | 9.6 % | 10.7 % |
ROE | 86.0 % | 174.2 % | 14.5 % | 23.6 % | 18.0 % |
ROI | 31.9 % | 39.5 % | 6.9 % | 9.7 % | 10.9 % |
Economic value added (EVA) | 141.02 | 171.50 | 177.16 | 239.63 | 69.49 |
Solvency | |||||
Equity ratio | 3.2 % | 35.6 % | 29.4 % | 46.4 % | 49.4 % |
Gearing | 2973.0 % | 180.0 % | 239.1 % | 111.3 % | 96.7 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.7 | 43.4 | 182.8 | 269.3 | 30.1 |
Current ratio | 0.7 | 43.4 | 182.8 | 269.3 | 30.1 |
Cash and cash equivalents | 88.61 | 34.73 | 1 022.83 | 519.68 | 513.65 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | AA | A | A | AA |
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