K-TRADE ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About K-TRADE ApS
K-TRADE ApS (CVR number: 36258314) is a company from RANDERS. The company recorded a gross profit of -23.2 kDKK in 2019. The operating profit was -42.5 kDKK, while net earnings were 0.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.2 %, which can be considered weak and Return on Equity (ROE) was 0 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 91.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. K-TRADE ApS's liquidity measured by quick ratio was 12.3 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 financials2016 | 2017 | 2018 | 2019 | |
---|---|---|---|---|
Volume | ||||
Net sales | ||||
Gross profit | 63.23 | -8.38 | 1.77 | -23.15 |
EBIT | 37.55 | -50.23 | -52.54 | -42.52 |
Net earnings | 62.08 | 8.36 | 1.51 | 0.26 |
Shareholders equity total | 3 131.94 | 3 036.90 | 2 932.61 | 2 824.87 |
Balance sheet total (assets) | 3 170.62 | 3 094.69 | 3 187.02 | 3 075.25 |
Net debt | -2 845.11 | -2 845.60 | -2 805.46 | -2 608.55 |
Profitability | ||||
EBIT-% | ||||
ROA | 2.5 % | 0.4 % | 0.1 % | 0.2 % |
ROE | 2.0 % | 0.3 % | 0.1 % | 0.0 % |
ROI | 2.6 % | 0.4 % | 0.1 % | 0.2 % |
Economic value added (EVA) | 29.35 | -53.37 | -62.15 | -37.67 |
Solvency | ||||
Equity ratio | 98.8 % | 98.1 % | 92.0 % | 91.9 % |
Gearing | 7.6 % | 7.9 % | ||
Relative net indebtedness % | ||||
Liquidity | ||||
Quick ratio | 110.7 | 49.6 | 12.0 | 12.3 |
Current ratio | 111.7 | 51.2 | 12.2 | 12.3 |
Cash and cash equivalents | 2 845.11 | 2 845.60 | 3 028.98 | 2 832.07 |
Capital use efficiency | ||||
Trade debtors turnover (days) | ||||
Net working capital % | ||||
Credit risk | ||||
Credit rating | BBB | BBB | BBB | BB |
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