TRESS A/S — Credit Rating and Financial Key Figures

CVR number: 11074219
Danmarksvej 34, 8660 Skanderborg
tel: 86522226

Credit rating

Company information

Official name
TRESS A/S
Personnel
69 persons
Established
1982
Company form
Limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About TRESS A/S

TRESS A/S (CVR number: 11074219) is a company from SKANDERBORG. The company recorded a gross profit of 34.6 mDKK in 2023. The operating profit was 2727 kDKK, while net earnings were 1916 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.8 %, which can be considered weak but Return on Equity (ROE) was 4.7 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 60.5 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. TRESS A/S's liquidity measured by quick ratio was 1.1 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
20192020202120222023
Volume
Net sales
Gross profit34 253.0034 119.0035 309.0029 377.0034 642.00
EBIT5 295.005 230.006 450.00-1 017.002 727.00
Net earnings3 833.003 938.004 891.00-1 065.001 916.00
Shareholders equity total31 797.0035 735.0040 626.0039 562.0041 478.00
Balance sheet total (assets)50 994.0063 431.0075 710.0072 617.0077 699.00
Net debt527.00-13 291.00422.007 133.00-2 726.00
Profitability
EBIT-%
ROA9.6 %9.3 %9.4 %-1.3 %3.8 %
ROE12.8 %11.7 %12.8 %-2.7 %4.7 %
ROI14.2 %14.0 %15.1 %-1.9 %5.8 %
Economic value added (EVA)3 030.222 680.384 004.87-2 475.04315.15
Solvency
Equity ratio68.2 %63.4 %59.4 %59.4 %60.5 %
Gearing13.9 %5.9 %18.9 %27.2 %16.3 %
Relative net indebtedness %
Liquidity
Quick ratio1.41.51.10.81.1
Current ratio2.72.22.12.12.0
Cash and cash equivalents3 896.0015 386.007 267.003 640.009 470.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAAAAAAAAAA

Variable visualization

ROA:3.78%
Rating: 39/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:60.5%
Rating: 47/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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