CONTRADE PARTNERS ApS — Credit Rating and Financial Key Figures

CVR number: 30814363
Knud Rasmussensvej 37 A, 3300 Frederiksværk
kp@contrade.dk
tel: 51317654

Credit rating

Company information

Official name
CONTRADE PARTNERS ApS
Personnel
1 person
Established
2007
Company form
Private limited company
Industry

About CONTRADE PARTNERS ApS

CONTRADE PARTNERS ApS (CVR number: 30814363) is a company from HALSNÆS. The company recorded a gross profit of 54.2 kDKK in 2023. The operating profit was -2 kDKK, while net earnings were -172.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.4 %, which can be considered weak but Return on Equity (ROE) was -39.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 19.9 %, 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. CONTRADE PARTNERS ApS's liquidity measured by quick ratio was 13.4 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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales74.00191.5069.00
Gross profit56.96184.5395.3479.3954.22
EBIT-37.9888.8624.3221.63-1.97
Net earnings-24.2880.6122.0814.55- 172.63
Shareholders equity total798.43768.44677.52577.67287.23
Balance sheet total (assets)1 885.721 706.741 693.561 659.481 443.95
Net debt664.49748.75858.51942.431 044.67
Profitability
EBIT-%-51.3 %46.4 %35.2 %
ROA0.2 %6.6 %2.3 %2.0 %1.4 %
ROE-2.8 %10.3 %3.1 %2.3 %-39.9 %
ROI0.2 %7.1 %2.4 %2.0 %1.4 %
Economic value added (EVA)-90.1911.24-29.78-10.50-23.94
Solvency
Equity ratio42.3 %45.0 %40.0 %34.8 %19.9 %
Gearing112.1 %114.2 %147.6 %185.5 %399.1 %
Relative net indebtedness %1158.0 %422.9 %1267.0 %
Liquidity
Quick ratio0.80.70.30.313.4
Current ratio0.80.70.30.313.4
Cash and cash equivalents230.40128.50141.82129.08101.75
Capital use efficiency
Trade debtors turnover (days)72.4
Net working capital %-429.2 %-143.6 %-1149.3 %
Credit risk
Credit ratingBBBAABBBBBB

Variable visualization

ROA:1.40%
Rating: 27/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:19.9%
Rating: 19/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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