Trialtree ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Trialtree ApS
Trialtree ApS (CVR number: 42285005) is a company from KØBENHAVN. The company reported a net sales of 1 mDKK in 2023. The operating profit percentage was poor at -2.1 % (EBIT: -0 mDKK), while net earnings were -21.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -4.2 %, which can be considered poor and Return on Equity (ROE) was -7.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 64.8 %, 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. Trialtree ApS's liquidity measured by quick ratio was 2.6 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | |
|---|---|---|---|
| Volume | |||
| Net sales | 1 012.67 | ||
| Gross profit | 96.61 | 638.37 | |
| EBIT | 41.74 | -7.38 | -21.16 |
| Net earnings | 30.94 | -6.92 | -21.16 |
| Shareholders equity total | 70.94 | 64.02 | 532.92 |
| Balance sheet total (assets) | 101.36 | 175.29 | 822.09 |
| Net debt | -3.19 | -69.96 | - 460.14 |
| Profitability | |||
| EBIT-% | -2.1 % | ||
| ROA | 41.2 % | -5.3 % | -4.2 % |
| ROE | 43.6 % | -10.3 % | -7.1 % |
| ROI | 47.2 % | -9.6 % | -7.1 % |
| Economic value added (EVA) | 32.23 | -8.62 | -20.86 |
| Solvency | |||
| Equity ratio | 70.0 % | 36.5 % | 64.8 % |
| Gearing | 22.7 % | ||
| Relative net indebtedness % | -17.0 % | ||
| Liquidity | |||
| Quick ratio | 1.4 | 1.1 | 2.6 |
| Current ratio | 1.4 | 1.1 | 2.6 |
| Cash and cash equivalents | 19.29 | 69.96 | 460.14 |
| Capital use efficiency | |||
| Trade debtors turnover (days) | 91.5 | ||
| Net working capital % | 46.6 % | ||
| Credit risk | |||
| Credit rating | BB | BB | BBB |
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