Tech Trade Danmark ApS

CVR number: 37383929
Fælledvej 54, 8700 Horsens
henrikjuel@hotmail.com
tel: 42973308

Credit rating

Company information

Official name
Tech Trade Danmark ApS
Established
2016
Company form
Private limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About Tech Trade Danmark ApS

Tech Trade Danmark ApS (CVR number: 37383929) is a company from HORSENS. The company reported a net sales of 0.1 mDKK in 2023, demonstrating a decline of -38.1 % compared to the previous year. The operating profit percentage was poor at -5.6 % (EBIT: -0 mDKK), while net earnings were -4.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -8.8 %, which can be considered poor and Return on Equity (ROE) was -10.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 83.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. Tech Trade Danmark ApS's liquidity measured by quick ratio was 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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales- 274.07118.4545.01130.7681.00
Gross profit-48.9535.2723.3023.760.65
EBIT3.3927.4642.496.49-4.50
Net earnings3.3927.1436.596.20-4.47
Shareholders equity total1.6131.0144.3047.4735.53
Balance sheet total (assets)13.0736.0849.5658.8342.60
Net debt-7.58-36.08-49.56-58.83-42.60
Profitability
EBIT-%23.2 %94.4 %5.0 %-5.6 %
ROA25.9 %111.7 %99.2 %12.0 %-8.8 %
ROE250.2 %166.4 %97.2 %13.5 %-10.8 %
ROI250.2 %168.3 %112.8 %14.1 %-10.8 %
Economic value added (EVA)3.9927.7637.166.76-3.93
Solvency
Equity ratio12.3 %86.0 %89.4 %80.7 %83.4 %
Gearing
Relative net indebtedness %-1.4 %-26.2 %-98.4 %-36.3 %-43.9 %
Liquidity
Quick ratio1.17.19.45.26.0
Current ratio1.17.19.45.26.0
Cash and cash equivalents7.5836.0849.5658.8342.60
Capital use efficiency
Trade debtors turnover (days)-7.3
Net working capital %-0.6 %26.2 %98.4 %36.3 %43.9 %
Credit risk
Credit ratingCCCBC

Variable visualization

ROA:-8.82%
Rating: 11/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:83.4%
Rating: 63/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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