Initial Trading Denmark ApS — Credit Rating and Financial Key Figures

CVR number: 39537958
Fredensgade 20, 5000 Odense C
tel: 28191777

Company information

Official name
Initial Trading Denmark ApS
Personnel
1 person
Established
2018
Company form
Private limited company
Industry

About Initial Trading Denmark ApS

Initial Trading Denmark ApS (CVR number: 39537958) is a company from ODENSE. The company recorded a gross profit of 120.9 kDKK in 2024. The operating profit was 31.3 kDKK, while net earnings were 11 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.1 %, which can be considered good but Return on Equity (ROE) was 3.5 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 87 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Initial Trading Denmark ApS's liquidity measured by quick ratio was 7.7 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit-4.49182.99336.41150.11120.89
EBIT-4.49171.40236.2259.0231.25
Net earnings-53.62121.25163.0925.6810.96
Shareholders equity total-3.62117.64280.72306.40317.36
Balance sheet total (assets)44.26175.99415.74382.86364.66
Net debt-0.57- 174.47-73.29-54.817.53
Profitability
EBIT-%
ROA-9.2 %154.0 %80.4 %16.3 %10.1 %
ROE-113.8 %149.8 %81.9 %8.7 %3.5 %
ROI-9.7 %215.1 %119.4 %22.2 %11.8 %
Economic value added (EVA)-6.92129.13176.1127.043.42
Solvency
Equity ratio-7.6 %66.8 %67.5 %80.0 %87.0 %
Gearing-1180.0 %4.7 %
Relative net indebtedness %
Liquidity
Quick ratio0.93.03.15.07.7
Current ratio0.93.03.15.07.7
Cash and cash equivalents43.24174.4773.2954.817.55
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:10.1%
Rating: 57/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:87.0%
Rating: 67/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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