e-trade Dynamics ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About e-trade Dynamics ApS
e-trade Dynamics ApS (CVR number: 38300083) is a company from RØDOVRE. The company reported a net sales of 0.9 mDKK in 2023, demonstrating a growth of 14.4 % compared to the previous year. The operating profit percentage was at 4.9 % (EBIT: 0 mDKK), while net earnings were 32.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.8 %, which can be considered decent but Return on Equity (ROE) was 8.7 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 34.7 %, 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. e-trade Dynamics ApS's liquidity measured by quick ratio was 11 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 (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 716.33 | 762.98 | 871.24 | 813.45 | 930.21 |
Gross profit | 280.03 | 185.76 | 224.77 | 224.57 | 87.22 |
EBIT | 64.58 | 97.04 | 122.20 | 33.45 | 45.78 |
Net earnings | 42.02 | 68.61 | 90.02 | 17.20 | 32.32 |
Shareholders equity total | 178.64 | 247.25 | 337.26 | 354.47 | 386.79 |
Balance sheet total (assets) | 318.68 | 343.91 | 456.65 | 455.91 | 1 115.72 |
Net debt | - 190.52 | - 149.82 | - 102.77 | - 174.43 | - 103.28 |
Profitability | |||||
EBIT-% | 9.0 % | 12.7 % | 14.0 % | 4.1 % | 4.9 % |
ROA | 24.6 % | 29.3 % | 30.5 % | 7.3 % | 5.8 % |
ROE | 26.7 % | 32.2 % | 30.8 % | 5.0 % | 8.7 % |
ROI | 41.0 % | 42.9 % | 40.0 % | 9.7 % | 6.7 % |
Economic value added (EVA) | 41.39 | 74.47 | 90.63 | 10.35 | 25.71 |
Solvency | |||||
Equity ratio | 56.1 % | 71.9 % | 73.9 % | 77.7 % | 34.7 % |
Gearing | 10.6 % | ||||
Relative net indebtedness % | -7.0 % | -10.4 % | 1.9 % | -9.0 % | 67.3 % |
Liquidity | |||||
Quick ratio | 1.7 | 1.9 | 2.7 | 3.7 | 11.0 |
Current ratio | 1.7 | 1.9 | 2.7 | 3.7 | 11.0 |
Cash and cash equivalents | 190.52 | 175.92 | 102.77 | 174.43 | 103.28 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 18.3 | 51.4 | 48.9 | 94.9 | |
Net working capital % | 13.2 % | 10.8 % | 22.9 % | 33.7 % | 102.8 % |
Credit risk | |||||
Credit rating | BB | BB | BBB | BBB | BBB |
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