AB Plus Trading A/S — Credit Rating and Financial Key Figures

CVR number: 37854433
Automatikvej 1, 2860 Søborg
Albazazdk@gmail.com
tel: 23666999

Company information

Official name
AB Plus Trading A/S
Established
2016
Company form
Limited company
Industry

About AB Plus Trading A/S

AB Plus Trading A/S (CVR number: 37854433) is a company from GLADSAXE. The company recorded a gross profit of 9925.4 kDKK in 2021. The operating profit was -1562.2 kDKK, while net earnings were -1642.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -28 %, which can be considered poor and Return on Equity (ROE) was -61.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -68.4 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. AB Plus Trading A/S's liquidity measured by quick ratio was 0.3 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2017
2018
2019
2020
2021
Volume
Net sales
Gross profit542.00265.002 211.727 813.519 925.39
EBIT542.03206.00-2 642.42-16.18-1 562.24
Net earnings504.0068.00-2 655.03-74.97-1 642.58
Shareholders equity total1 004.00637.00-2 018.00-2 093.00-3 735.64
Balance sheet total (assets)1 080.001 154.001 483.003 601.001 728.51
Net debt- 203.00- 199.00- 235.00- 243.00- 245.72
Profitability
EBIT-%
ROA50.2 %18.4 %-113.2 %-0.4 %-28.0 %
ROE50.2 %8.3 %-250.5 %-2.9 %-61.6 %
ROI54.0 %25.1 %-827.5 %-5650.1 %
Economic value added (EVA)504.03106.01-2 664.4397.04-1 444.86
Solvency
Equity ratio93.0 %55.2 %-57.6 %-36.8 %-68.4 %
Gearing-1.5 %
Relative net indebtedness %
Liquidity
Quick ratio14.22.20.40.60.3
Current ratio14.22.20.40.60.3
Cash and cash equivalents203.00199.00235.00243.00301.02
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBCBC

Variable visualization

ROA:-28.0%
Rating: 0/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-68.4%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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