Increase Trading ApS — Credit Rating and Financial Key Figures

CVR number: 76943613
Blokken 15, 3460 Birkerød
bd@visionpeople.dk
tel: 44444485
www.musclecarsgarage.com

Company information

Official name
Increase Trading ApS
Personnel
2 persons
Established
1985
Company form
Private limited company
Industry

About Increase Trading ApS

Increase Trading ApS (CVR number: 76943613) is a company from RUDERSDAL. The company recorded a gross profit of 804.8 kDKK in 2023. The operating profit was 13.7 kDKK, while net earnings were -140.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.3 %, which can be considered weak but Return on Equity (ROE) was -2.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -6.3 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. Increase Trading ApS's liquidity measured by quick ratio was 0.7 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit- 274.83- 107.63- 108.481 266.79804.83
EBIT- 274.83- 107.63- 150.29753.4813.65
Net earnings- 213.47-90.52- 132.81575.10- 140.58
Shareholders equity total- 568.73- 659.25- 792.06- 216.96- 357.54
Balance sheet total (assets)679.10902.041 186.004 607.255 324.59
Net debt1 205.381 542.521 887.182 446.681 400.31
Profitability
EBIT-%
ROA-26.0 %-7.7 %-8.5 %22.5 %0.3 %
ROE-36.0 %-11.4 %-12.7 %19.9 %-2.8 %
ROI-26.4 %-7.7 %-8.6 %32.5 %0.7 %
Economic value added (EVA)- 194.56-52.02-84.83627.0936.97
Solvency
Equity ratio-45.6 %-42.2 %-40.0 %-4.5 %-6.3 %
Gearing-215.0 %-236.8 %-242.5 %-1267.5 %-413.2 %
Relative net indebtedness %
Liquidity
Quick ratio0.50.60.50.70.7
Current ratio0.50.60.50.90.9
Cash and cash equivalents17.4518.7733.36303.2776.95
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:0.29%
Rating: 21/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-6.29%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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