Second Trend ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Second Trend ApS
Second Trend ApS (CVR number: 39002841) is a company from ROSKILDE. The company recorded a gross profit of -35.9 kDKK in 2023. The operating profit was -102.3 kDKK, while net earnings were -87.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -5 %, which can be considered poor and Return on Equity (ROE) was -8.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 53.3 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Second Trend ApS's liquidity measured by quick ratio was 2.1 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 | -2 913.83 | -3 212.19 | -3 430.86 | -2 573.00 | -35.93 |
EBIT | -3 531.68 | -4 402.32 | -3 811.40 | -3 159.00 | - 102.33 |
Net earnings | -2 635.89 | -3 444.01 | -2 791.85 | -2 384.00 | -87.13 |
Shareholders equity total | 5 582.04 | 2 138.03 | 346.18 | -2 038.00 | 75.29 |
Balance sheet total (assets) | 5 945.95 | 3 367.72 | 3 904.53 | 1 890.00 | 141.15 |
Net debt | -2 682.40 | - 320.95 | 1 759.77 | 3 749.00 | 2.55 |
Profitability | |||||
EBIT-% | |||||
ROA | -48.6 % | -94.5 % | -104.8 % | -80.7 % | -5.0 % |
ROE | -38.2 % | -89.2 % | -224.8 % | -213.2 % | -8.9 % |
ROI | -51.0 % | -102.0 % | -119.4 % | -88.1 % | -5.2 % |
Economic value added (EVA) | -2 740.46 | -3 568.59 | -2 826.65 | -2 325.37 | 25.57 |
Solvency | |||||
Equity ratio | 93.9 % | 63.5 % | 8.9 % | -51.9 % | 53.3 % |
Gearing | 0.5 % | 41.2 % | 872.0 % | -186.8 % | 32.6 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 13.3 | 2.7 | 7.0 | 14.8 | 2.1 |
Current ratio | 13.3 | 2.7 | 7.0 | 14.8 | 2.1 |
Cash and cash equivalents | 2 710.56 | 1 201.04 | 1 259.03 | 59.00 | 22.00 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BB | BB | BB | BB |
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