Tradeconomic ApS — Credit Rating and Financial Key Figures

Tradeconomic ApS (CVR number: 42230235) is a company from GENTOFTE. The company recorded a gross profit of 2612.2 kDKK in 2022. The operating profit was 702.7 kDKK, while net earnings were 695.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 25.9 %, which can be considered excellent and Return on Equity (ROE) was 68.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 29.8 %, 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. Tradeconomic ApS'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.