Tech Trade Danmark ApS
Credit rating
Company information
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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | - 274.07 | 118.45 | 45.01 | 130.76 | 81.00 |
Gross profit | -48.95 | 35.27 | 23.30 | 23.76 | 0.65 |
EBIT | 3.39 | 27.46 | 42.49 | 6.49 | -4.50 |
Net earnings | 3.39 | 27.14 | 36.59 | 6.20 | -4.47 |
Shareholders equity total | 1.61 | 31.01 | 44.30 | 47.47 | 35.53 |
Balance sheet total (assets) | 13.07 | 36.08 | 49.56 | 58.83 | 42.60 |
Net debt | -7.58 | -36.08 | -49.56 | -58.83 | -42.60 |
Profitability | |||||
EBIT-% | 23.2 % | 94.4 % | 5.0 % | -5.6 % | |
ROA | 25.9 % | 111.7 % | 99.2 % | 12.0 % | -8.8 % |
ROE | 250.2 % | 166.4 % | 97.2 % | 13.5 % | -10.8 % |
ROI | 250.2 % | 168.3 % | 112.8 % | 14.1 % | -10.8 % |
Economic value added (EVA) | 3.99 | 27.76 | 37.16 | 6.76 | -3.93 |
Solvency | |||||
Equity ratio | 12.3 % | 86.0 % | 89.4 % | 80.7 % | 83.4 % |
Gearing | |||||
Relative net indebtedness % | -1.4 % | -26.2 % | -98.4 % | -36.3 % | -43.9 % |
Liquidity | |||||
Quick ratio | 1.1 | 7.1 | 9.4 | 5.2 | 6.0 |
Current ratio | 1.1 | 7.1 | 9.4 | 5.2 | 6.0 |
Cash and cash equivalents | 7.58 | 36.08 | 49.56 | 58.83 | 42.60 |
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 rating | C | C | C | B | C |
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