DANISH TRADE & FINANCE COMPANY ApS — Credit Rating and Financial Key Figures

CVR number: 15199547
Hansborggade 30, 6100 Haderslev
tel: 20225728

Company information

Official name
DANISH TRADE & FINANCE COMPANY ApS
Established
1991
Company form
Private limited company
Industry

About DANISH TRADE & FINANCE COMPANY ApS

DANISH TRADE & FINANCE COMPANY ApS (CVR number: 15199547) is a company from HADERSLEV. The company recorded a gross profit of 1571.9 kDKK in 2023. The operating profit was 1281.6 kDKK, while net earnings were 817.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.3 %, which can be considered weak and Return on Equity (ROE) was 2.5 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at -14.6 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. DANISH TRADE & FINANCE COMPANY ApS's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit- 429.83-1 325.073 349.501 589.081 571.88
EBIT- 669.83-1 565.073 109.501 349.081 281.63
Net earnings-1 178.37-2 060.072 636.02920.65817.84
Shareholders equity total-7 812.86-9 872.93-7 236.91-6 316.27-5 498.43
Balance sheet total (assets)25 565.0924 154.8830 481.3033 586.4732 056.06
Net debt18 927.9016 750.2822 666.6824 809.3625 730.28
Profitability
EBIT-%
ROA-2.0 %-4.6 %8.7 %3.5 %3.3 %
ROE-4.4 %-8.3 %9.6 %2.9 %2.5 %
ROI-2.1 %-5.1 %9.6 %3.8 %3.5 %
Economic value added (EVA)- 333.55-1 131.563 761.191 731.821 649.99
Solvency
Equity ratio-23.4 %-29.0 %-19.2 %-15.8 %-14.6 %
Gearing-252.9 %-201.0 %-319.5 %-408.8 %-485.6 %
Relative net indebtedness %
Liquidity
Quick ratio1.10.60.40.90.8
Current ratio1.10.70.51.00.8
Cash and cash equivalents832.373 095.92455.331 014.10970.22
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBAAA

Variable visualization

ROA:3.31%
Rating: 37/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:-14.6%
Rating: 0/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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