TRUCK EXPORT ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About TRUCK EXPORT ApS
TRUCK EXPORT ApS (CVR number: 28676344) is a company from ODENSE. The company recorded a gross profit of 350.4 kDKK in 2023. The operating profit was -55.1 kDKK, while net earnings were -34 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.8 %, which can be considered weak but Return on Equity (ROE) was -1.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 39.4 %, 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. TRUCK EXPORT ApS's liquidity measured by quick ratio was 1.3 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 950.23 | 1 010.64 | 1 233.52 | 2 504.82 | 350.35 |
EBIT | 659.34 | 767.15 | 1 078.75 | 2 221.22 | -55.06 |
Net earnings | 425.36 | 514.91 | 832.67 | 1 766.08 | -33.95 |
Shareholders equity total | 3 458.00 | 3 739.02 | 1 261.08 | 2 912.76 | 2 761.00 |
Balance sheet total (assets) | 7 662.74 | 7 109.15 | 3 848.78 | 3 607.21 | 7 012.66 |
Net debt | 383.67 | 2 702.49 | 332.06 | -1 180.43 | 3 277.12 |
Profitability | |||||
EBIT-% | |||||
ROA | 9.3 % | 10.4 % | 20.1 % | 61.1 % | 0.8 % |
ROE | 12.9 % | 14.3 % | 33.3 % | 84.6 % | -1.2 % |
ROI | 11.2 % | 12.7 % | 20.9 % | 69.8 % | 0.9 % |
Economic value added (EVA) | 276.86 | 404.34 | 601.88 | 1 739.16 | - 129.75 |
Solvency | |||||
Equity ratio | 45.1 % | 52.6 % | 32.8 % | 80.7 % | 39.4 % |
Gearing | 48.7 % | 86.1 % | 136.5 % | 119.1 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.6 | 0.4 | 1.3 | 4.1 | 1.3 |
Current ratio | 0.9 | 0.9 | 2.0 | 5.2 | 1.6 |
Cash and cash equivalents | 1 301.99 | 518.59 | 1 389.61 | 1 180.43 | 12.15 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | BB | B | BBB |
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