TREETOPS TRADING A/S — Credit Rating and Financial Key Figures

CVR number: 33749368
Bavnevej 32, 6580 Vamdrup
rk@treetops.dk
tel: 20266166

Company information

Official name
TREETOPS TRADING A/S
Personnel
29 persons
Established
2011
Company form
Limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales437 882.57
Gross profit9 444.0014 081.0023 363.0053 564.00121 202.56
EBIT5 227.009 351.0014 472.0039 687.00107 375.44
Net earnings3 636.006 810.0010 286.0030 944.0077 866.04
Shareholders equity total5 350.0011 010.0019 296.0050 240.00128 105.72
Balance sheet total (assets)28 141.0046 219.00154 385.00200 332.00225 430.51
Net debt63 389.0032 753.29
Profitability
EBIT-%24.5 %
ROA20.5 %25.2 %14.4 %23.9 %50.7 %
ROE84.9 %83.3 %67.9 %89.0 %87.3 %
ROI20.5 %25.2 %14.4 %30.1 %71.4 %
Economic value added (EVA)5 065.509 082.1613 918.7529 867.9277 190.19
Solvency
Equity ratio100.0 %100.0 %100.0 %25.1 %56.9 %
Gearing154.0 %36.3 %
Relative net indebtedness %19.1 %
Liquidity
Quick ratio0.61.2
Current ratio1.63.0
Cash and cash equivalents13 992.0013 812.86
Capital use efficiency
Trade debtors turnover (days)34.3
Net working capital %33.9 %
Credit risk
Credit ratingBBBBBBBBBBBBA

Variable visualization

ROA:50.7%
Rating: 95/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:56.9%
Rating: 44/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member

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