2T TRADING A/S — Credit Rating and Financial Key Figures

CVR number: 26636191
Håndværkervej 4 B, 6270 Tønder

Credit rating

Company information

Official name
2T TRADING A/S
Personnel
4 persons
Established
2002
Company form
Limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About 2T TRADING A/S

2T TRADING A/S (CVR number: 26636191) is a company from TØNDER. The company recorded a gross profit of 11.3 mDKK in 2023. The operating profit was 7010.6 kDKK, while net earnings were 5521.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 43.8 %, which can be considered excellent and Return on Equity (ROE) was 38.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 84.3 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. 2T TRADING A/S's liquidity measured by quick ratio was 3.1 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 profit9 418.439 240.738 242.6511 274.6211 348.44
EBIT4 899.265 871.175 028.616 898.107 010.64
Net earnings3 985.353 783.474 421.166 503.295 521.35
Shareholders equity total9 369.5613 153.0312 574.1814 077.4814 659.47
Balance sheet total (assets)11 094.9814 977.9015 204.7615 691.8217 399.88
Net debt-8 131.88-8 129.54-4 837.16-1 276.15-3 135.14
Profitability
EBIT-%
ROA47.1 %45.5 %38.2 %53.0 %43.8 %
ROE40.4 %33.6 %34.4 %48.8 %38.4 %
ROI49.8 %49.6 %42.4 %57.7 %49.0 %
Economic value added (EVA)3 769.734 571.493 644.785 239.734 829.76
Solvency
Equity ratio84.4 %87.8 %82.7 %89.7 %84.3 %
Gearing12.9 %1.3 %10.2 %3.3 %2.7 %
Relative net indebtedness %
Liquidity
Quick ratio6.05.22.74.13.1
Current ratio6.05.22.74.13.1
Cash and cash equivalents9 343.138 300.736 114.091 734.643 524.16
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAA

Variable visualization

ROA:43.8%
Rating: 91/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:84.3%
Rating: 64/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Chairman of the board

Companies in the same industry

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