FashionTrades ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About FashionTrades ApS
FashionTrades ApS (CVR number: 40878661) is a company from HØRSHOLM. The company recorded a gross profit of -615.7 kDKK in 2022. The operating profit was -795.9 kDKK, while net earnings were -798.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -36.7 %, which can be considered poor and Return on Equity (ROE) was -136.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 27.4 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. FashionTrades ApS's liquidity measured by quick ratio was 2.8 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | |
---|---|---|---|
Volume | |||
Net sales | |||
Gross profit | -73.87 | - 863.21 | - 615.74 |
EBIT | - 301.01 | -1 034.65 | - 795.91 |
Net earnings | - 304.24 | -1 041.75 | - 798.26 |
Shareholders equity total | 322.41 | 580.66 | 590.39 |
Balance sheet total (assets) | 696.96 | 2 182.56 | 2 154.20 |
Net debt | -4.32 | - 435.08 | - 149.71 |
Profitability | |||
EBIT-% | |||
ROA | -43.2 % | -71.9 % | -36.7 % |
ROE | -94.4 % | -230.7 % | -136.3 % |
ROI | -93.4 % | -86.5 % | -38.3 % |
Economic value added (EVA) | - 301.01 | -1 050.64 | - 803.23 |
Solvency | |||
Equity ratio | 46.3 % | 26.6 % | 27.4 % |
Gearing | |||
Relative net indebtedness % | |||
Liquidity | |||
Quick ratio | 0.0 | 4.7 | 2.8 |
Current ratio | 0.0 | 4.7 | 2.8 |
Cash and cash equivalents | 4.32 | 435.08 | 149.71 |
Capital use efficiency | |||
Trade debtors turnover (days) | |||
Net working capital % | |||
Credit risk | |||
Credit rating | BB | BB | BB |
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