GLOBAL TRADING ApS — Credit Rating and Financial Key Figures

CVR number: 13460574
Sandvigvej 2, 7400 Herning
kontor@skovtex.dk

Company information

Official name
GLOBAL TRADING ApS
Established
1989
Company form
Private limited company
Industry

About GLOBAL TRADING ApS

GLOBAL TRADING ApS (CVR number: 13460574) is a company from HERNING. The company recorded a gross profit of 292.9 kDKK in 2023. The operating profit was 109.4 kDKK, while net earnings were 92.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.7 %, which can be considered good but Return on Equity (ROE) was 5.5 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 98 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. GLOBAL TRADING ApS's liquidity measured by quick ratio was 6.6 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 profit257.66331.77265.73219.86292.94
EBIT-9.95137.1676.6412.05109.39
Net earnings21.96112.97108.82-25.7292.08
Shareholders equity total1 606.771 719.741 828.561 802.841 544.92
Balance sheet total (assets)2 114.251 851.541 914.921 830.691 576.82
Net debt449.56- 167.86- 515.79- 811.10- 114.55
Profitability
EBIT-%
ROA2.2 %8.2 %7.5 %4.2 %8.7 %
ROE1.4 %6.8 %6.1 %-1.4 %5.5 %
ROI2.3 %8.6 %7.9 %-1.6 %7.1 %
Economic value added (EVA)-86.0227.40-18.20-56.5735.50
Solvency
Equity ratio76.0 %92.9 %95.5 %98.5 %98.0 %
Gearing29.4 %
Relative net indebtedness %
Liquidity
Quick ratio0.43.414.238.26.6
Current ratio1.97.414.238.28.5
Cash and cash equivalents22.52167.86515.79811.10114.55
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAABBBA

Variable visualization

ROA:8.74%
Rating: 54/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:98.0%
Rating: 79/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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