TROAX DENMARK A/S — Credit Rating and Financial Key Figures

CVR number: 37515914
Elektronvej 6, 2670 Greve
info@troax.dk
tel: 43710333

Credit rating

Company information

Official name
TROAX DENMARK A/S
Personnel
8 persons
Established
1976
Company form
Limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About TROAX DENMARK A/S

TROAX DENMARK A/S (CVR number: 37515914) is a company from GREVE. The company recorded a gross profit of 14.6 mDKK in 2023. The operating profit was 9057.7 kDKK, while net earnings were 7021.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 65.8 %, which can be considered excellent and Return on Equity (ROE) was 85.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 58.1 %, 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. TROAX DENMARK A/S's liquidity measured by quick ratio was 2.1 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit11 832.159 867.8813 236.6114 000.3414 601.17
EBIT7 116.334 943.918 195.198 899.449 057.75
Net earnings5 483.633 773.486 330.576 812.407 021.78
Shareholders equity total6 809.585 099.467 656.638 139.038 348.80
Balance sheet total (assets)11 540.0810 654.4712 317.2513 382.4914 366.68
Net debt-2 284.30-1 115.59-1 627.18-52.73-2 070.99
Profitability
EBIT-%
ROA62.1 %44.6 %71.4 %69.3 %65.8 %
ROE80.9 %63.4 %99.3 %86.3 %85.2 %
ROI87.0 %63.7 %106.1 %98.8 %90.2 %
Economic value added (EVA)5 366.123 683.236 288.946 655.816 683.77
Solvency
Equity ratio59.0 %47.9 %62.2 %60.8 %58.1 %
Gearing18.7 %42.3 %7.0 %20.7 %24.7 %
Relative net indebtedness %
Liquidity
Quick ratio2.21.72.32.12.1
Current ratio2.41.82.62.52.3
Cash and cash equivalents3 554.743 272.672 162.441 736.444 136.64
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:65.8%
Rating: 100/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:58.1%
Rating: 45/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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