Patrade A/S — Credit Rating and Financial Key Figures

Patrade A/S (CVR number: 38740571) is a company from AARHUS. The company recorded a gross profit of 38.6 mDKK in 2023. The operating profit was 9457.3 kDKK, while net earnings were 6746.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 25.7 %, which can be considered excellent and Return on Equity (ROE) was 91.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 33.4 %, 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. Patrade A/S's liquidity measured by quick ratio was 1.4 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.