ET TRADE ApS

CVR number: 12689349
Peter Freuchensvej 12, 4800 Nykøbing F

Credit rating

Company information

Official name
ET TRADE ApS
Personnel
2 persons
Established
1989
Company form
Private limited company
Industry
  • Expand more icon77Rental and leasing activities

About ET TRADE ApS

ET TRADE ApS (CVR number: 12689349) is a company from GULDBORGSUND. The company reported a net sales of 0.6 mDKK in 2023, demonstrating a decline of -13.8 % compared to the previous year. The operating profit percentage was at 0.5 % (EBIT: 0 mDKK), while net earnings were -3.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.7 %, which can be considered weak but Return on Equity (ROE) was -1.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 32.4 %, 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. ET TRADE ApS's liquidity measured by quick ratio was 1.5 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales738.35774.22876.40705.31607.85
Gross profit738.35774.22847.29705.31607.85
EBIT33.9095.9848.1084.782.80
Net earnings25.1171.9334.2360.15-3.20
Shareholders equity total200.23200.16200.39260.54197.34
Balance sheet total (assets)501.93542.25522.37709.54609.78
Net debt- 225.12- 339.61- 288.12- 351.96- 120.64
Profitability
EBIT-%4.6 %12.4 %5.5 %12.0 %0.5 %
ROA7.6 %18.4 %9.0 %13.8 %0.7 %
ROE12.5 %35.9 %17.1 %26.1 %-1.4 %
ROI14.5 %38.6 %15.1 %17.8 %0.9 %
Economic value added (EVA)27.6678.3347.5178.0522.96
Solvency
Equity ratio39.9 %36.9 %38.4 %36.7 %32.4 %
Gearing20.4 %27.8 %91.0 %118.7 %164.9 %
Relative net indebtedness %4.9 %-6.9 %-16.9 %-30.1 %-5.5 %
Liquidity
Quick ratio1.41.41.51.51.5
Current ratio1.41.41.51.51.5
Cash and cash equivalents265.88395.34470.49661.19446.13
Capital use efficiency
Trade debtors turnover (days)6.1
Net working capital %15.9 %17.8 %17.5 %32.0 %31.6 %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:0.74%
Rating: 24/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:32.4%
Rating: 28/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

Companies in the same industry

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