&TRADITION A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About &TRADITION A/S
&TRADITION A/S (CVR number: 18169304) is a company from KØBENHAVN. The company reported a net sales of 724.6 mDKK in 2024, demonstrating a decline of -4.1 % compared to the previous year. The operating profit percentage was at 15.5 % (EBIT: 112.7 mDKK), while net earnings were 97.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was 33 %, which can be considered excellent and Return on Equity (ROE) was 31.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 81.6 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. &TRADITION A/S's liquidity measured by quick ratio was 3.7 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 345.81 | 307.88 | 725.05 | 755.41 | 724.64 |
Gross profit | 94.49 | 90.80 | 222.96 | 203.32 | 178.43 |
EBIT | 57.92 | 67.20 | 172.98 | 144.10 | 112.67 |
Net earnings | 45.23 | 52.86 | 136.68 | 110.09 | 97.48 |
Shareholders equity total | 105.51 | 144.53 | 256.50 | 314.31 | 311.76 |
Balance sheet total (assets) | 163.63 | 215.17 | 331.55 | 385.46 | 389.50 |
Net debt | -61.49 | -54.21 | -67.08 | - 100.19 | -68.94 |
Profitability | |||||
EBIT-% | 16.7 % | 21.8 % | 23.9 % | 19.1 % | 15.5 % |
ROA | 44.8 % | 35.9 % | 64.7 % | 41.5 % | 33.0 % |
ROE | 52.3 % | 42.3 % | 68.2 % | 38.6 % | 31.1 % |
ROI | 67.0 % | 54.2 % | 87.5 % | 51.7 % | 40.5 % |
Economic value added (EVA) | 42.43 | 50.25 | 130.64 | 103.26 | 75.99 |
Solvency | |||||
Equity ratio | 65.9 % | 70.5 % | 79.3 % | 82.7 % | 81.6 % |
Gearing | 0.2 % | 0.4 % | 1.0 % | 0.9 % | 0.8 % |
Relative net indebtedness % | -1.0 % | 5.1 % | 0.8 % | -4.2 % | 0.9 % |
Liquidity | |||||
Quick ratio | 1.9 | 2.6 | 2.8 | 4.2 | 3.7 |
Current ratio | 2.7 | 2.9 | 4.3 | 5.3 | 4.9 |
Cash and cash equivalents | 61.74 | 54.84 | 69.57 | 102.93 | 71.51 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 44.1 | 50.8 | 21.8 | 21.8 | 24.1 |
Net working capital % | 28.5 % | 44.6 % | 34.3 % | 40.6 % | 42.2 % |
Credit risk | |||||
Credit rating | AA | AAA | A | A | A |
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