TRÆFONDEN — Credit Rating and Financial Key Figures
Credit rating
Company information
About TRÆFONDEN
TRÆFONDEN (CVR number: 10639735) is a company from ODENSE. The company reported a net sales of 2.3 mDKK in 2024, demonstrating a growth of 5.1 % compared to the previous year. The operating profit percentage was poor at -3.6 % (EBIT: -0.1 mDKK), while net earnings were 386.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.6 %, which can be considered weak and Return on Equity (ROE) was 1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 72.7 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. TRÆFONDEN's liquidity measured by quick ratio was 0.5 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 1 968.00 | 1 969.00 | 2 173.00 | 2 177.00 | 2 287.32 |
| Gross profit | 4 662.00 | 782.00 | 1 154.00 | 1 156.00 | 655.67 |
| EBIT | 3 965.00 | 56.00 | 420.00 | 424.00 | -81.65 |
| Net earnings | 3 595.00 | - 230.00 | 764.00 | 2 494.00 | 386.66 |
| Shareholders equity total | 40 826.00 | 39 655.00 | 39 377.00 | 39 945.00 | 40 087.07 |
| Balance sheet total (assets) | 51 514.00 | 59 021.00 | 55 828.00 | 56 543.00 | 55 141.50 |
| Net debt | 6 357.00 | 14 800.00 | 12 003.00 | 10 940.00 | 10 759.05 |
| Profitability | |||||
| EBIT-% | 201.5 % | 2.8 % | 19.3 % | 19.5 % | -3.6 % |
| ROA | 8.0 % | 0.1 % | 6.0 % | 6.1 % | 2.6 % |
| ROE | 9.1 % | -0.6 % | 1.9 % | 6.3 % | 1.0 % |
| ROI | 8.1 % | 0.1 % | 6.1 % | 6.2 % | 2.6 % |
| Economic value added (EVA) | 1 330.05 | -2 480.21 | -2 386.76 | -2 368.94 | -2 850.32 |
| Solvency | |||||
| Equity ratio | 79.3 % | 67.2 % | 70.5 % | 70.6 % | 72.7 % |
| Gearing | 15.9 % | 37.5 % | 30.7 % | 27.9 % | 27.8 % |
| Relative net indebtedness % | 372.3 % | 805.2 % | 598.3 % | 547.3 % | 513.3 % |
| Liquidity | |||||
| Quick ratio | 0.2 | 0.2 | 0.1 | 0.3 | 0.5 |
| Current ratio | 0.2 | 0.2 | 0.1 | 0.3 | 0.5 |
| Cash and cash equivalents | 123.00 | 65.00 | 69.00 | 198.00 | 370.85 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | -85.7 % | -86.5 % | -80.0 % | -40.8 % | -33.0 % |
| Credit risk | |||||
| Credit rating | AA | A | A | AA | A |
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