Trendcover.dk ApS — Credit Rating and Financial Key Figures

CVR number: 38905937
Sindalsvej 3, 8240 Risskov

Credit rating

Company information

Official name
Trendcover.dk ApS
Established
2017
Company form
Private limited company
Industry
  • Expand more icon47Retail trade, except of motor vehicles and motorcycles

About Trendcover.dk ApS

Trendcover.dk ApS (CVR number: 38905937) is a company from AARHUS. The company recorded a gross profit of 1210.1 kDKK in 2023. The operating profit was 915.1 kDKK, while net earnings were 718.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 40.2 %, which can be considered excellent and Return on Equity (ROE) was 51.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 61.4 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Trendcover.dk ApS's liquidity measured by quick ratio was 2.5 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
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit297.50423.29944.62782.001 210.09
EBIT72.25124.29645.62484.00915.09
Net earnings32.4279.58497.72374.00718.52
Shareholders equity total88.95168.53666.251 040.001 759.21
Balance sheet total (assets)1 372.241 539.641 371.321 751.002 864.43
Net debt1 196.88629.14- 349.21- 920.00- 966.84
Profitability
EBIT-%
ROA10.1 %8.5 %44.4 %31.0 %40.2 %
ROE44.6 %61.8 %119.2 %43.8 %51.3 %
ROI11.1 %9.4 %55.5 %40.0 %48.0 %
Economic value added (EVA)43.5392.48522.68377.66727.89
Solvency
Equity ratio6.5 %10.9 %48.6 %59.4 %61.4 %
Gearing1345.5 %698.8 %46.9 %38.6 %38.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.10.41.01.92.5
Current ratio0.10.41.01.92.5
Cash and cash equivalents548.54661.371 321.001 638.05
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBAA

Variable visualization

ROA:40.2%
Rating: 89/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:61.4%
Rating: 47/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board
Chief executive officer
Chief executive officer

Companies in the same industry

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