Trophy Plates ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Trophy Plates ApS
Trophy Plates ApS (CVR number: 40332588) is a company from GRIBSKOV. The company recorded a gross profit of 89.5 kDKK in 2023, demonstrating a growth of 90.2 % compared to the previous year. The operating profit was 89.5 kDKK, while net earnings were 69.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 26 %, which can be considered excellent and Return on Equity (ROE) was 40.6 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 52.5 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. Trophy Plates ApS's liquidity measured by quick ratio was 0.7 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 80.26 | 304.28 | 404.32 | 522.72 | |
Gross profit | -13.32 | 41.10 | 37.85 | 47.08 | 89.52 |
EBIT | -13.80 | 41.10 | 37.85 | 47.08 | 89.52 |
Net earnings | -13.94 | 40.82 | 23.30 | 36.42 | 69.55 |
Shareholders equity total | 36.06 | 76.88 | 100.18 | 136.60 | 206.15 |
Balance sheet total (assets) | 88.84 | 142.19 | 209.06 | 296.60 | 392.42 |
Net debt | -17.53 | -21.68 | -10.63 | 9.59 | -40.83 |
Profitability | |||||
EBIT-% | -17.2 % | 13.5 % | 9.4 % | 9.0 % | |
ROA | -15.5 % | 35.6 % | 21.6 % | 18.6 % | 26.0 % |
ROE | -38.7 % | 72.3 % | 26.3 % | 30.8 % | 40.6 % |
ROI | -24.6 % | 53.8 % | 29.4 % | 26.4 % | 36.7 % |
Economic value added (EVA) | -13.80 | 41.18 | 21.79 | 35.23 | 65.50 |
Solvency | |||||
Equity ratio | 40.6 % | 54.1 % | 47.9 % | 46.1 % | 52.5 % |
Gearing | 55.5 % | 26.0 % | 59.9 % | 43.9 % | 41.2 % |
Relative net indebtedness % | 19.0 % | 7.8 % | 9.5 % | 21.0 % | |
Liquidity | |||||
Quick ratio | 0.9 | 0.7 | 0.7 | 0.3 | 0.7 |
Current ratio | 1.7 | 2.2 | 1.9 | 1.9 | 2.1 |
Cash and cash equivalents | 37.53 | 41.68 | 70.63 | 50.41 | 125.83 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 47.0 | 2.7 | 1.4 | 2.1 | |
Net working capital % | 44.9 % | 25.3 % | 24.8 % | 26.1 % | |
Credit risk | |||||
Credit rating | B | BB | BB | BBB | BBB |
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