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ET TRADE ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About ET TRADE ApS
ET TRADE ApS (CVR number: 12689349) is a company from GULDBORGSUND. The company reported a net sales of 0.5 mDKK in 2024, demonstrating a decline of -14.7 % compared to the previous year. The operating profit percentage was at 27 % (EBIT: 0.1 mDKK), while net earnings were 112 kDKK. The profitability of the company measured by Return on Assets (ROA) was 25.3 %, which can be considered excellent and Return on Equity (ROE) was 44.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 60.7 %, 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. ET TRADE ApS's liquidity measured by quick ratio was 2.5 which is at a very high level. Thus, the company demonstrates exceptional financial stability, possessing a significant surplus of liquid assets over its short-term liabilities.
Financial information
See financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | 774.22 | 876.40 | 705.31 | 607.85 | 518.40 |
| Gross profit | 774.22 | 847.29 | 705.31 | 607.85 | 518.40 |
| EBIT | 95.98 | 48.10 | 84.78 | 2.80 | 140.08 |
| Net earnings | 71.93 | 34.23 | 60.15 | -3.20 | 112.02 |
| Shareholders equity total | 200.16 | 200.39 | 260.54 | 197.34 | 309.37 |
| Balance sheet total (assets) | 542.25 | 522.37 | 709.54 | 609.78 | 509.59 |
| Net debt | - 339.61 | - 288.12 | - 351.96 | - 120.64 | - 213.46 |
| Profitability | |||||
| EBIT-% | 12.4 % | 5.5 % | 12.0 % | 0.5 % | 27.0 % |
| ROA | 18.4 % | 9.0 % | 13.8 % | 0.7 % | 25.3 % |
| ROE | 35.9 % | 17.1 % | 26.1 % | -1.4 % | 44.2 % |
| ROI | 38.6 % | 15.1 % | 17.8 % | 0.9 % | 30.1 % |
| Economic value added (EVA) | 62.91 | 24.84 | 46.94 | -25.83 | 84.80 |
| Solvency | |||||
| Equity ratio | 36.9 % | 38.4 % | 36.7 % | 32.4 % | 60.7 % |
| Gearing | 27.8 % | 91.0 % | 118.7 % | 164.9 % | 34.6 % |
| Relative net indebtedness % | -6.9 % | -16.9 % | -30.1 % | -5.5 % | -23.2 % |
| Liquidity | |||||
| Quick ratio | 1.4 | 1.5 | 1.5 | 1.5 | 2.5 |
| Current ratio | 1.4 | 1.5 | 1.5 | 1.5 | 2.5 |
| Cash and cash equivalents | 395.34 | 470.49 | 661.19 | 446.13 | 320.38 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | 17.8 % | 17.5 % | 32.0 % | 31.6 % | 58.7 % |
| Credit risk | |||||
| Credit rating | BBB | BBB | BBB | BBB | BBB |
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