CG TRADING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About CG TRADING ApS
CG TRADING ApS (CVR number: 28684991) is a company from GENTOFTE. The company recorded a gross profit of -17.6 kDKK in 2020. The operating profit was -17.6 kDKK, while net earnings were 301.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 16.6 %, which can be considered excellent and Return on Equity (ROE) was 60.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 30.1 %, 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. CG TRADING ApS's liquidity measured by quick ratio was 1.4 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2016 | 2017 | 2018 | 2019 | 2020 | |
|---|---|---|---|---|---|
| Volume | |||||
| Net sales | |||||
| Gross profit | -11.38 | -13.28 | -1.25 | -12.62 | -17.57 |
| EBIT | -11.38 | -13.28 | -1.25 | -12.62 | -17.57 |
| Net earnings | -97.95 | 127.65 | -19.93 | 89.03 | 301.50 |
| Shareholders equity total | 147.30 | 274.94 | 255.01 | 344.04 | 645.54 |
| Balance sheet total (assets) | 1 571.00 | 1 765.07 | 1 737.78 | 1 847.92 | 2 141.67 |
| Net debt | - 125.58 | - 258.90 | - 218.21 | - 307.52 | - 640.30 |
| Profitability | |||||
| EBIT-% | |||||
| ROA | -0.7 % | 10.4 % | 8.4 % | 7.5 % | 16.6 % |
| ROE | -66.5 % | 60.5 % | -7.5 % | 29.7 % | 60.9 % |
| ROI | -0.7 % | 10.5 % | 8.5 % | 7.6 % | 16.7 % |
| Economic value added (EVA) | -8.87 | 57.60 | 72.04 | 61.35 | 55.59 |
| Solvency | |||||
| Equity ratio | 9.4 % | 15.6 % | 14.7 % | 18.6 % | 30.1 % |
| Gearing | 952.3 % | 534.3 % | 577.1 % | 433.9 % | 230.1 % |
| Relative net indebtedness % | |||||
| Liquidity | |||||
| Quick ratio | 1.1 | 1.2 | 1.2 | 1.2 | 1.4 |
| Current ratio | 1.1 | 1.2 | 1.2 | 1.2 | 1.4 |
| Cash and cash equivalents | 1 528.28 | 1 728.03 | 1 689.98 | 1 800.41 | 2 125.43 |
| Capital use efficiency | |||||
| Trade debtors turnover (days) | |||||
| Net working capital % | |||||
| Credit risk | |||||
| Credit rating | BBB | BBB | BBB | BBB | A |
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