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TREKANTENS EJENDOMSSELSKAB A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About TREKANTENS EJENDOMSSELSKAB A/S
TREKANTENS EJENDOMSSELSKAB A/S (CVR number: 21829838) is a company from MIDDELFART. The company reported a net sales of 21.3 mDKK in 2024, demonstrating a decline of -6.5 % compared to the previous year. The operating profit percentage was at 69.6 % (EBIT: 14.8 mDKK), while net earnings were 11.1 mDKK. The profitability of the company measured by Return on Assets (ROA) was 5.5 %, which can be considered decent and Return on Equity (ROE) was 4.6 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 88.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. TREKANTENS EJENDOMSSELSKAB A/S's liquidity measured by quick ratio was 1.4 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 24 298.01 | 22 814.82 | 21 322.80 | ||
| Gross profit | 18 512.35 | 19 408.22 | 24 298.01 | 16 145.49 | 20 793.67 |
| EBIT | 11 632.31 | 13 201.86 | 16 404.01 | 8 512.70 | 14 832.27 |
| Net earnings | 8 459.50 | 11 777.98 | 11 966.06 | 4 326.55 | 11 052.98 |
| Shareholders equity total | 242 284.22 | 246 062.20 | 248 028.26 | 240 354.82 | 239 407.80 |
| Balance sheet total (assets) | 284 541.67 | 278 596.22 | 296 860.13 | 269 359.92 | 270 839.35 |
| Net debt | |||||
| Profitability | |||||
| EBIT-% | 67.5 % | 37.3 % | 69.6 % | ||
| ROA | 4.4 % | 5.2 % | 5.5 % | 3.0 % | 5.5 % |
| ROE | 3.5 % | 4.8 % | 4.8 % | 1.8 % | 4.6 % |
| ROI | 4.8 % | 6.0 % | 6.3 % | 3.5 % | 6.2 % |
| Economic value added (EVA) | -2 991.33 | -1 216.66 | 694.03 | -7 149.21 | - 172.82 |
| Solvency | |||||
| Equity ratio | 85.1 % | 88.3 % | 83.6 % | 89.2 % | 88.4 % |
| Gearing | |||||
| Relative net indebtedness % | 41.9 % | 38.0 % | 50.2 % | ||
| Liquidity | |||||
| Quick ratio | 1.0 | 1.4 | 1.4 | 1.9 | 1.4 |
| Current ratio | 1.0 | 1.4 | 1.4 | 1.9 | 1.4 |
| Cash and cash equivalents | |||||
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | 18.0 % | 35.6 % | 21.5 % | ||
| Credit risk | |||||
| Credit rating | A | A | A | AA | AA |
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