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DIGITECH TRADING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About DIGITECH TRADING ApS
DIGITECH TRADING ApS (CVR number: 29922659) is a company from HELSINGØR. The company recorded a gross profit of 997 kDKK in 2024. The operating profit was -86.8 kDKK, while net earnings were -112 kDKK. The profitability of the company measured by Return on Assets (ROA) was -6.4 %, which can be considered poor and Return on Equity (ROE) was -17.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 30 %, 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. DIGITECH TRADING ApS's liquidity measured by quick ratio was 1.1 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | 889.90 | 1 005.38 | 2 456.63 | 1 976.88 | 997.03 |
| EBIT | 164.25 | 87.08 | 804.72 | 322.32 | -86.78 |
| Net earnings | 124.46 | 77.94 | 627.85 | 161.71 | - 111.98 |
| Shareholders equity total | 1 188.24 | 766.18 | 1 394.02 | 955.73 | 343.76 |
| Balance sheet total (assets) | 1 810.45 | 1 715.90 | 1 779.56 | 1 243.42 | 1 146.22 |
| Net debt | - 390.66 | - 440.72 | -37.28 | 109.32 | 463.88 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | 11.4 % | 8.7 % | 50.4 % | 24.9 % | -6.4 % |
| ROE | 9.8 % | 8.0 % | 58.1 % | 13.8 % | -17.2 % |
| ROI | 16.4 % | 15.7 % | 80.5 % | 30.0 % | -8.1 % |
| Economic value added (EVA) | 48.12 | 3.46 | 587.79 | 149.96 | - 124.18 |
| Solvency | |||||
| Equity ratio | 65.6 % | 44.7 % | 78.3 % | 76.9 % | 30.0 % |
| Gearing | 0.5 % | 0.3 % | 1.7 % | 11.6 % | 135.3 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 2.9 | 1.0 | 6.6 | 2.8 | 1.1 |
| Current ratio | 2.9 | 1.8 | 6.7 | 2.8 | 1.2 |
| Cash and cash equivalents | 396.13 | 442.92 | 60.53 | 1.30 | 1.30 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BBB | BBB | BBB | BBB |
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