NEXT TRADING ApS — Credit Rating and Financial Key Figures

CVR number: 28509065
Torvet 8, 6300 Gråsten

Company information

Official name
NEXT TRADING ApS
Established
2005
Company form
Private limited company
Industry

About NEXT TRADING ApS

NEXT TRADING ApS (CVR number: 28509065) is a company from SØNDERBORG. The company recorded a gross profit of 20 kDKK in 2023. The operating profit was -15.6 kDKK, while net earnings were 2738.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.1 %, which can be considered decent but Return on Equity (ROE) was 12.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 31.7 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. NEXT TRADING ApS's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

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 profit232.00115.002.004.3819.99
EBIT196.0079.00-34.00-31.21-15.60
Net earnings189 876.00-8 134.00- 837.00-2 353.932 738.46
Shareholders equity total31 124.0022 990.0022 151.0019 797.0522 535.51
Balance sheet total (assets)37 371.0078 702.0076 810.0082 690.4671 102.50
Net debt4 881.0054 849.0054 402.0061 209.6646 741.19
Profitability
EBIT-%
ROA601.1 %-13.5 %-0.3 %-1.1 %7.1 %
ROE804.2 %-30.1 %-3.7 %-11.2 %12.9 %
ROI648.0 %-13.6 %-0.3 %-1.1 %7.2 %
Economic value added (EVA)- 929.95-1 822.08-3 981.40-3 880.76-4 168.86
Solvency
Equity ratio83.3 %29.2 %28.8 %23.9 %31.7 %
Gearing15.8 %241.8 %246.7 %317.6 %210.2 %
Relative net indebtedness %
Liquidity
Quick ratio1.00.90.90.91.0
Current ratio1.00.90.90.91.0
Cash and cash equivalents49.00747.00235.001 673.75627.92
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBA

Variable visualization

ROA:7.12%
Rating: 49/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:31.7%
Rating: 27/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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