Trade Technology ApS — Credit Rating and Financial Key Figures

CVR number: 42202940
Oddervej 202, 8270 Højbjerg

Credit rating

Company information

Official name
Trade Technology ApS
Personnel
4 persons
Established
2021
Company form
Private limited company
Industry

About Trade Technology ApS

Trade Technology ApS (CVR number: 42202940) is a company from AARHUS. The company recorded a gross profit of 469.8 kDKK in 2023. The operating profit was -243.7 kDKK, while net earnings were -445.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -12.2 %, which can be considered poor and Return on Equity (ROE) was -30.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 25.3 %, 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. Trade Technology ApS's liquidity measured by quick ratio was 0.1 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2021
2022
2023
Volume
Net sales
Gross profit309.26639.99469.83
EBIT225.93430.50- 243.75
Net earnings129.391 055.24- 445.48
Shareholders equity total2 090.871 751.931 157.12
Balance sheet total (assets)3 923.104 667.304 567.10
Net debt1 643.021 847.842 201.03
Profitability
EBIT-%
ROA1.3 %26.2 %-12.2 %
ROE6.2 %54.9 %-30.6 %
ROI1.3 %28.9 %-15.2 %
Economic value added (EVA)314.61467.44- 118.97
Solvency
Equity ratio53.3 %37.5 %25.3 %
Gearing80.2 %109.0 %190.3 %
Relative net indebtedness %
Liquidity
Quick ratio0.30.30.1
Current ratio0.30.30.1
Cash and cash equivalents34.0262.441.06
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBB

Variable visualization

ROA:-12.2%
Rating: 8/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:25.3%
Rating: 23/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chairman of the board

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