TRENDFIRST ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About TRENDFIRST ApS
TRENDFIRST ApS (CVR number: 35236546) is a company from KØBENHAVN. The company recorded a gross profit of -17.1 kDKK in 2023. The operating profit was -17.1 kDKK, while net earnings were -20.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -7 %, which can be considered poor and Return on Equity (ROE) was -13.7 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -49.8 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. TRENDFIRST ApS's liquidity measured by quick ratio was 0.5 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -26.00 | -25.00 | -59.25 | -13.75 | -17.08 |
EBIT | -26.00 | -25.00 | -59.25 | -13.75 | -17.08 |
Net earnings | -42.00 | -29.00 | -60.27 | -9.67 | -20.49 |
Shareholders equity total | -9.00 | -38.00 | -98.33 | - 108.00 | - 128.50 |
Balance sheet total (assets) | 390.00 | 223.00 | 213.14 | 169.14 | 129.77 |
Net debt | - 105.00 | 42.00 | 38.98 | 85.05 | 131.06 |
Profitability | |||||
EBIT-% | |||||
ROA | -5.9 % | -7.0 % | -20.7 % | -2.5 % | -7.0 % |
ROE | -19.8 % | -9.5 % | -27.6 % | -5.1 % | -13.7 % |
ROI | -10.9 % | -15.9 % | -40.6 % | -5.1 % | -12.5 % |
Economic value added (EVA) | -36.73 | -12.09 | -52.11 | -3.45 | -8.61 |
Solvency | |||||
Equity ratio | -2.3 % | -14.6 % | -31.6 % | -39.0 % | -49.8 % |
Gearing | -1588.9 % | -384.2 % | -148.1 % | -134.8 % | -117.6 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.0 | 0.9 | 0.7 | 0.6 | 0.5 |
Current ratio | 1.0 | 0.9 | 0.7 | 0.6 | 0.5 |
Cash and cash equivalents | 248.00 | 104.00 | 106.63 | 60.57 | 20.02 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
Variable visualization
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