Trunk Nordic ApS — Credit Rating and Financial Key Figures

CVR number: 31755077
Orla Lehmannsgade 1 A, 7100 Vejle
info@trunksleeves.com.dk
tel: 27529122

Credit rating

Company information

Official name
Trunk Nordic ApS
Personnel
2 persons
Established
2008
Company form
Private limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About Trunk Nordic ApS

Trunk Nordic ApS (CVR number: 31755077) is a company from VEJLE. The company recorded a gross profit of 1388.2 kDKK in 2023. The operating profit was 103.8 kDKK, while net earnings were -57.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.2 %, which can be considered weak but Return on Equity (ROE) was -2.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 45.1 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Trunk Nordic ApS's liquidity measured by quick ratio was 0.4 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

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 profit2 232.072 404.172 551.481 603.771 388.18
EBIT889.381 130.28780.55- 256.00103.78
Net earnings666.65778.20496.63- 249.49-57.14
Shareholders equity total2 684.032 540.162 981.212 576.042 352.23
Balance sheet total (assets)3 792.385 483.615 297.593 887.745 428.17
Net debt- 605.561 102.881 164.21505.922 071.55
Profitability
EBIT-%
ROA25.4 %24.4 %14.6 %-3.9 %2.2 %
ROE28.4 %29.8 %18.0 %-9.0 %-2.3 %
ROI29.6 %31.2 %19.1 %-4.9 %2.8 %
Economic value added (EVA)620.40790.93472.03- 347.91-36.81
Solvency
Equity ratio70.8 %46.3 %56.3 %66.3 %45.1 %
Gearing20.8 %43.6 %40.2 %20.2 %88.7 %
Relative net indebtedness %
Liquidity
Quick ratio2.80.80.40.40.4
Current ratio5.42.12.22.61.7
Cash and cash equivalents1 164.975.3835.1714.2214.59
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAABBBBBB

Variable visualization

ROA:2.24%
Rating: 31/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:45.1%
Rating: 37/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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