Danish Trade ApS

CVR number: 39509679
Marielundvej 46 A, 2730 Herlev
Hk@danishtrade.dk
tel: 28762828
http://danishtrade.dk

Credit rating

Company information

Official name
Danish Trade ApS
Personnel
14 persons
Established
2018
Company form
Private limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About Danish Trade ApS

Danish Trade ApS (CVR number: 39509679) is a company from HERLEV. The company recorded a gross profit of 11 mDKK in 2023. The operating profit was 6878.5 kDKK, while net earnings were 5209.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 38 %, which can be considered excellent and Return on Equity (ROE) was 45.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 62.3 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Danish Trade ApS's liquidity measured by quick ratio was 0.4 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit-6.671 760.695 632.998 137.1810 981.12
EBIT- 160.621 558.084 844.395 461.856 878.49
Net earnings- 130.321 206.633 739.994 194.605 209.57
Shareholders equity total-12.161 194.474 934.469 129.0613 938.64
Balance sheet total (assets)235.902 578.089 445.5913 843.5922 359.51
Net debt25.20- 201.84-2 006.31- 451.46- 307.26
Profitability
EBIT-%
ROA-65.9 %110.3 %80.6 %46.9 %38.0 %
ROE-73.6 %168.7 %122.0 %59.7 %45.2 %
ROI-169.3 %251.0 %157.6 %77.7 %58.9 %
Economic value added (EVA)- 128.391 215.603 720.184 097.184 895.01
Solvency
Equity ratio-4.9 %46.3 %52.2 %65.9 %62.3 %
Gearing-233.8 %1.6 %0.0 %0.0 %2.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.30.60.30.4
Current ratio0.61.82.12.92.6
Cash and cash equivalents3.23220.542 006.33451.48598.56
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingCBBBBBBBBAA

Variable visualization

ROA:38.0%
Rating: 88/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:62.3%
Rating: 48/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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