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ET TRADE ApS — Credit Rating and Financial Key Figures

CVR number: 12689349
Peter Freuchensvej 12, 4800 Nykøbing F
Free credit report Annual report

Credit rating

Company information

Official name
ET TRADE ApS
Personnel
1 person
Established
1989
Company form
Private limited company
Industry

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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales774.22876.40705.31607.85518.40
Gross profit774.22847.29705.31607.85518.40
EBIT95.9848.1084.782.80140.08
Net earnings71.9334.2360.15-3.20112.02
Shareholders equity total200.16200.39260.54197.34309.37
Balance sheet total (assets)542.25522.37709.54609.78509.59
Net debt- 339.61- 288.12- 351.96- 120.64- 213.46
Profitability
EBIT-%12.4 %5.5 %12.0 %0.5 %27.0 %
ROA18.4 %9.0 %13.8 %0.7 %25.3 %
ROE35.9 %17.1 %26.1 %-1.4 %44.2 %
ROI38.6 %15.1 %17.8 %0.9 %30.1 %
Economic value added (EVA)62.9124.8446.94-25.8384.80
Solvency
Equity ratio36.9 %38.4 %36.7 %32.4 %60.7 %
Gearing27.8 %91.0 %118.7 %164.9 %34.6 %
Relative net indebtedness %-6.9 %-16.9 %-30.1 %-5.5 %-23.2 %
Liquidity
Quick ratio1.41.51.51.52.5
Current ratio1.41.51.51.52.5
Cash and cash equivalents395.34470.49661.19446.13320.38
Capital use efficiency
Trade debtors turnover (days)
Net working capital %17.8 %17.5 %32.0 %31.6 %58.7 %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:25.3%
Rating: 81/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:60.7%
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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