TRADEDOUBLER DENMARK A/S — Credit Rating and Financial Key Figures

CVR number: 25137884
Havnegade 39, 1058 København K
sales.se@tradedoubler.com
tel: 33912017

Company information

Official name
TRADEDOUBLER DENMARK A/S
Personnel
1 person
Established
2000
Company form
Limited company
Industry

About TRADEDOUBLER DENMARK A/S

TRADEDOUBLER DENMARK A/S (CVR number: 25137884) is a company from KØBENHAVN. The company recorded a gross profit of 197.4 kDKK in 2023. The operating profit was 197.4 kDKK, while net earnings were 207.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.1 %, which can be considered decent but Return on Equity (ROE) was 24.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 11.2 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. TRADEDOUBLER DENMARK A/S's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales10 132.0510 498.87
Gross profit624.45430.52903.59604.87197.39
EBIT94.31115.68129.62146.05197.39
Net earnings96.60130.18131.92134.72207.62
Shareholders equity total960.86818.04819.95824.67897.58
Balance sheet total (assets)5 564.323 986.664 921.755 063.088 301.01
Net debt928.47-1 773.30-1 348.39-1 019.85-1 678.54
Profitability
EBIT-%0.9 %1.1 %
ROA2.0 %2.8 %3.0 %3.1 %4.1 %
ROE10.6 %14.6 %16.1 %16.4 %24.1 %
ROI3.9 %5.4 %12.3 %10.9 %13.4 %
Economic value added (EVA)156.86158.69192.75167.88211.36
Solvency
Equity ratio19.0 %24.2 %18.5 %17.4 %11.2 %
Gearing285.7 %36.8 %26.2 %114.8 %151.5 %
Relative net indebtedness %27.5 %10.4 %
Liquidity
Quick ratio1.41.61.41.31.2
Current ratio1.21.31.21.21.1
Cash and cash equivalents1 816.812 074.261 563.341 966.913 038.28
Capital use efficiency
Trade debtors turnover (days)84.356.8
Net working capital %9.7 %7.8 %
Credit risk
Credit ratingBBBBBBBBB

Variable visualization

ROA:4.05%
Rating: 40/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:11.2%
Rating: 11/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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