TRADE-IT ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About TRADE-IT ApS
TRADE-IT ApS (CVR number: 29636923) is a company from KØBENHAVN. The company recorded a gross profit of -11.4 kDKK in 2019. The operating profit was -11.4 kDKK, while net earnings were -10.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.9 %, which can be considered poor and Return on Equity (ROE) was -3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 44.6 %, 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. TRADE-IT ApS's liquidity measured by quick ratio was 1.8 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2016 | 2017 | 2018 | 2019 | |
---|---|---|---|---|
Volume | ||||
Net sales | ||||
Gross profit | 1 198.00 | -18.00 | -15.00 | -11.44 |
EBIT | 577.00 | -19.00 | -15.00 | -11.44 |
Net earnings | 455.00 | -17.00 | -12.00 | -10.92 |
Shareholders equity total | 1 024.00 | 1 007.00 | 549.00 | 187.83 |
Balance sheet total (assets) | 1 389.00 | 1 145.00 | 775.00 | 421.26 |
Net debt | - 290.00 | - 635.00 | 55.00 | 91.61 |
Profitability | ||||
EBIT-% | ||||
ROA | 42.3 % | -1.5 % | -1.6 % | -1.9 % |
ROE | 44.4 % | -1.7 % | -1.5 % | -3.0 % |
ROI | 57.4 % | -1.9 % | -1.8 % | -2.5 % |
Economic value added (EVA) | 449.55 | -51.57 | -30.69 | -34.85 |
Solvency | ||||
Equity ratio | 73.7 % | 87.9 % | 70.8 % | 44.6 % |
Gearing | 16.0 % | 49.1 % | ||
Relative net indebtedness % | ||||
Liquidity | ||||
Quick ratio | 3.8 | 8.3 | 3.4 | 1.8 |
Current ratio | 3.8 | 8.3 | 3.4 | 1.8 |
Cash and cash equivalents | 290.00 | 635.00 | 33.00 | 0.61 |
Capital use efficiency | ||||
Trade debtors turnover (days) | ||||
Net working capital % | ||||
Credit risk | ||||
Credit rating | BB | BB | BB | B |
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