Second Trend ApS — Credit Rating and Financial Key Figures

CVR number: 39002841
Københavnsvej 4, 4000 Roskilde

Company information

Official name
Second Trend ApS
Personnel
1 person
Established
2017
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
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 total5 582.042 138.03346.18-2 038.0075.29
Balance sheet total (assets)5 945.953 367.723 904.531 890.00141.15
Net debt-2 682.40- 320.951 759.773 749.002.55
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)-2 740.46-3 568.59-2 826.65-2 325.3725.57
Solvency
Equity ratio93.9 %63.5 %8.9 %-51.9 %53.3 %
Gearing0.5 %41.2 %872.0 %-186.8 %32.6 %
Relative net indebtedness %
Liquidity
Quick ratio13.32.77.014.82.1
Current ratio13.32.77.014.82.1
Cash and cash equivalents2 710.561 201.041 259.0359.0022.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:-5.03%
Rating: 15/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:53.3%
Rating: 42/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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