TG-Trading ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About TG-Trading ApS
TG-Trading ApS (CVR number: 42957631) is a company from FREDERICIA. The company recorded a gross profit of 0 kDKK in 2023. The operating profit was 0 kDKK, while net earnings were 4.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.7 %, which can be considered decent but Return on Equity (ROE) was 13.4 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 53.2 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. TG-Trading ApS's liquidity measured by quick ratio was 2.1 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 financials2022 | 2023 | |
|---|---|---|
| Volume | ||
| Net sales | ||
| Gross profit | -9.42 | |
| EBIT | -9.42 | |
| Net earnings | -9.59 | 4.37 |
| Shareholders equity total | 30.41 | 34.79 |
| Balance sheet total (assets) | 35.41 | 65.40 |
| Net debt | -35.41 | -31.42 |
| Profitability | ||
| EBIT-% | ||
| ROA | -26.6 % | 5.7 % |
| ROE | -31.5 % | 13.4 % |
| ROI | -31.0 % | 8.8 % |
| Economic value added (EVA) | -9.42 | 0.25 |
| Solvency | ||
| Equity ratio | 85.9 % | 53.2 % |
| Gearing | ||
| Relative net indebtedness % | ||
| Liquidity | ||
| Quick ratio | 7.1 | 2.1 |
| Current ratio | 7.1 | 2.1 |
| Cash and cash equivalents | 35.41 | 31.42 |
| Capital use efficiency | ||
| Trade debtors turnover (days) | ||
| Net working capital % | ||
| Credit risk | ||
| Credit rating | BB | BB |
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