Trendhim Group ApS — Credit Rating and Financial Key Figures

CVR number: 41481668
Egeskovvej 12, Tolstrup 8700 Horsens
nicolaj@trendhim.com
tel: 30262849

Credit rating

Company information

Official name
Trendhim Group ApS
Personnel
3 persons
Established
2020
Domicile
Tolstrup
Company form
Private limited company
Industry

About Trendhim Group ApS

Trendhim Group ApS (CVR number: 41481668K) is a company from HORSENS. The company recorded a gross profit of 54.4 mDKK in 2024. The operating profit was -17.7 mDKK, while net earnings were -29.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was -4.6 %, which can be considered poor and Return on Equity (ROE) was -67.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 9.5 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. Trendhim Group ApS's liquidity measured by quick ratio was 1.5 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit32 534.0284 876.5487 935.2373 472.6854 357.00
EBIT7 605.218 464.976 882.61-4 326.81-17 731.68
Net earnings-1 719.82-9 786.75-11 011.18-19 396.69-29 348.43
Shareholders equity total98 734.5189 297.7879 380.9958 869.1028 354.84
Balance sheet total (assets)393 548.17374 781.11350 641.22333 674.43298 986.52
Net debt204 524.51193 168.82186 366.72171 560.52184 056.58
Profitability
EBIT-%
ROA1.9 %2.2 %1.9 %-0.3 %-4.6 %
ROE-1.7 %-10.4 %-13.1 %-28.1 %-67.3 %
ROI2.2 %2.5 %2.2 %-0.3 %-5.3 %
Economic value added (EVA)5 399.703 156.992 199.77-7 527.52-18 428.72
Solvency
Equity ratio25.2 %23.9 %22.7 %17.7 %9.5 %
Gearing249.6 %256.4 %280.9 %385.8 %792.3 %
Relative net indebtedness %
Liquidity
Quick ratio1.20.91.21.61.5
Current ratio1.91.72.22.62.6
Cash and cash equivalents41 955.6135 827.3836 639.8255 530.0940 590.35
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAABBB

Variable visualization

ROA:-4.63%
Rating: 15/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:9.52%
Rating: 10/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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