TRADING FOOD A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About TRADING FOOD A/S
TRADING FOOD A/S (CVR number: 24212351) is a company from AARHUS. The company recorded a gross profit of 0 kDKK in 2023. The operating profit was -22.6 kDKK, while net earnings were -28.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -4.9 %, which can be considered poor and Return on Equity (ROE) was -10.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 98.8 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. TRADING FOOD A/S's liquidity measured by quick ratio was 85.5 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -5.09 | ||||
EBIT | -23.27 | -14.86 | -29.36 | -18.31 | -22.64 |
Net earnings | 4.03 | -6.70 | -53.63 | -25.75 | -28.50 |
Shareholders equity total | 373.14 | 361.35 | 307.72 | 281.98 | 253.48 |
Balance sheet total (assets) | 383.52 | 361.81 | 308.91 | 285.92 | 256.48 |
Net debt | - 242.16 | - 214.12 | - 200.28 | - 163.62 | - 126.62 |
Profitability | |||||
EBIT-% | |||||
ROA | 1.1 % | -1.5 % | -1.3 % | -3.1 % | -4.9 % |
ROE | 1.1 % | -1.8 % | -16.0 % | -8.7 % | -10.6 % |
ROI | 1.1 % | -1.5 % | -1.3 % | -3.2 % | -5.0 % |
Economic value added (EVA) | -34.89 | -28.02 | -34.87 | -30.68 | -38.04 |
Solvency | |||||
Equity ratio | 97.3 % | 99.9 % | 99.6 % | 98.6 % | 98.8 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 35.0 | 753.9 | 260.0 | 72.5 | 85.5 |
Current ratio | 35.0 | 753.9 | 260.0 | 72.5 | 85.5 |
Cash and cash equivalents | 242.16 | 214.12 | 200.28 | 163.62 | 126.62 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BB | BB | BB |
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