TREETOPS TRADING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About TREETOPS TRADING A/S
TREETOPS TRADING A/S (CVR number: 33749368) is a company from KOLDING. The company reported a net sales of 437.9 mDKK in 2023. The operating profit percentage was at 24.5 % (EBIT: 107.4 mDKK), while net earnings were 77.9 mDKK. The profitability of the company measured by Return on Assets (ROA) was 50.7 %, which can be considered excellent and Return on Equity (ROE) was 87.3 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 56.9 %, 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. TREETOPS TRADING A/S's liquidity measured by quick ratio was 1.2 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 437 882.57 | ||||
Gross profit | 9 444.00 | 14 081.00 | 23 363.00 | 53 564.00 | 121 202.56 |
EBIT | 5 227.00 | 9 351.00 | 14 472.00 | 39 687.00 | 107 375.44 |
Net earnings | 3 636.00 | 6 810.00 | 10 286.00 | 30 944.00 | 77 866.04 |
Shareholders equity total | 5 350.00 | 11 010.00 | 19 296.00 | 50 240.00 | 128 105.72 |
Balance sheet total (assets) | 28 141.00 | 46 219.00 | 154 385.00 | 200 332.00 | 225 430.51 |
Net debt | 63 389.00 | 32 753.29 | |||
Profitability | |||||
EBIT-% | 24.5 % | ||||
ROA | 20.5 % | 25.2 % | 14.4 % | 23.9 % | 50.7 % |
ROE | 84.9 % | 83.3 % | 67.9 % | 89.0 % | 87.3 % |
ROI | 20.5 % | 25.2 % | 14.4 % | 30.1 % | 71.4 % |
Economic value added (EVA) | 5 065.50 | 9 082.16 | 13 918.75 | 29 867.92 | 77 190.19 |
Solvency | |||||
Equity ratio | 100.0 % | 100.0 % | 100.0 % | 25.1 % | 56.9 % |
Gearing | 154.0 % | 36.3 % | |||
Relative net indebtedness % | 19.1 % | ||||
Liquidity | |||||
Quick ratio | 0.6 | 1.2 | |||
Current ratio | 1.6 | 3.0 | |||
Cash and cash equivalents | 13 992.00 | 13 812.86 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | 34.3 | ||||
Net working capital % | 33.9 % | ||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | A |
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