WORLD TRADE ApS — Credit Rating and Financial Key Figures

CVR number: 15131489
Purkærvej 44, 9490 Pandrup

Credit rating

Company information

Official name
WORLD TRADE ApS
Established
1991
Company form
Private limited company
Industry

About WORLD TRADE ApS

WORLD TRADE ApS (CVR number: 15131489) is a company from JAMMERBUGT. The company recorded a gross profit of -28.4 kDKK in 2023. The operating profit was -28.4 kDKK, while net earnings were 294.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8 %, which can be considered good and Return on Equity (ROE) was 13.3 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 36 %, 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. WORLD TRADE ApS's liquidity measured by quick ratio was 1.6 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit-39.83-29.61-29.42-26.17-28.45
EBIT-39.83-29.61-29.42-26.17-28.45
Net earnings- 533.71904.12- 116.02- 546.72294.66
Shareholders equity total2 228.363 021.882 792.862 131.742 308.59
Balance sheet total (assets)6 179.997 079.666 834.536 045.336 408.58
Net debt3 755.10-2 851.55-2 577.42-1 808.74-2 109.08
Profitability
EBIT-%
ROA2.7 %19.3 %3.1 %1.6 %8.0 %
ROE-20.9 %34.4 %-4.0 %-22.2 %13.3 %
ROI2.7 %19.4 %3.1 %1.6 %8.1 %
Economic value added (EVA)- 150.28- 125.95171.65171.10157.47
Solvency
Equity ratio36.1 %42.7 %40.9 %35.3 %36.0 %
Gearing176.7 %133.8 %144.2 %182.9 %176.9 %
Relative net indebtedness %
Liquidity
Quick ratio0.11.71.71.51.6
Current ratio0.11.71.71.51.6
Cash and cash equivalents181.526 894.336 604.095 707.346 194.06
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBABBBBBBBBB

Variable visualization

ROA:8.03%
Rating: 52/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:36.0%
Rating: 30/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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