Danish Trees ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Danish Trees ApS
Danish Trees ApS (CVR number: 37836826) is a company from HADERSLEV. The company recorded a gross profit of 314.6 kDKK in 2022. The operating profit was -84.9 kDKK, while net earnings were -107.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.9 %, which can be considered poor and Return on Equity (ROE) was -3.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -4.3 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Danish Trees ApS's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2018 | 2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 23.95 | 436.10 | 596.69 | 625.69 | 314.56 |
EBIT | 23.87 | 225.74 | 130.45 | 173.20 | -84.86 |
Net earnings | 11.79 | 119.99 | 31.36 | 77.69 | - 107.89 |
Shareholders equity total | - 233.75 | - 113.75 | -82.39 | -4.71 | - 112.60 |
Balance sheet total (assets) | 506.66 | 3 669.19 | 3 331.86 | 4 293.43 | 2 527.10 |
Net debt | -25.05 | 706.95 | 1 961.86 | 1 448.50 | 943.66 |
Profitability | |||||
EBIT-% | |||||
ROA | 4.1 % | 10.0 % | 3.6 % | 4.5 % | -1.9 % |
ROE | 3.4 % | 5.7 % | 0.9 % | 2.0 % | -3.2 % |
ROI | 13.1 % | 18.6 % | 5.9 % | 10.2 % | -5.5 % |
Economic value added (EVA) | 44.36 | 176.19 | 109.65 | 79.40 | -98.51 |
Solvency | |||||
Equity ratio | -31.6 % | -3.0 % | -2.4 % | -0.1 % | -4.3 % |
Gearing | -0.8 % | -621.5 % | -2381.1 % | -30773.4 % | -838.1 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.4 | 0.4 | 0.5 | 0.7 | 0.6 |
Current ratio | 0.7 | 0.5 | 0.5 | 0.7 | 0.6 |
Cash and cash equivalents | 26.95 | ||||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BBB | BBB | BB | BB |
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