WORLD TRADE ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 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 | - 533.71 | 904.12 | - 116.02 | - 546.72 | 294.66 |
Shareholders equity total | 2 228.36 | 3 021.88 | 2 792.86 | 2 131.74 | 2 308.59 |
Balance sheet total (assets) | 6 179.99 | 7 079.66 | 6 834.53 | 6 045.33 | 6 408.58 |
Net debt | 3 755.10 | -2 851.55 | -2 577.42 | -1 808.74 | -2 109.08 |
Profitability | |||||
EBIT-% | |||||
ROA | 2.7 % | 19.3 % | 3.1 % | 1.6 % | 8.0 % |
ROE | -20.9 % | 34.4 % | -4.0 % | -22.2 % | 13.3 % |
ROI | 2.7 % | 19.4 % | 3.1 % | 1.6 % | 8.1 % |
Economic value added (EVA) | - 150.28 | - 125.95 | 171.65 | 171.10 | 157.47 |
Solvency | |||||
Equity ratio | 36.1 % | 42.7 % | 40.9 % | 35.3 % | 36.0 % |
Gearing | 176.7 % | 133.8 % | 144.2 % | 182.9 % | 176.9 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.1 | 1.7 | 1.7 | 1.5 | 1.6 |
Current ratio | 0.1 | 1.7 | 1.7 | 1.5 | 1.6 |
Cash and cash equivalents | 181.52 | 6 894.33 | 6 604.09 | 5 707.34 | 6 194.06 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | A | BBB | BBB | BBB |
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