TechTrove Trading ApS — Credit Rating and Financial Key Figures

CVR number: 44297167
Østerbro 16, 4720 Præstø

Company information

Official name
TechTrove Trading ApS
Personnel
1 person
Established
2023
Company form
Private limited company
Industry

About TechTrove Trading ApS

TechTrove Trading ApS (CVR number: 44297167) is a company from VORDINGBORG. The company recorded a gross profit of 488.9 kDKK in 2024. The operating profit was 44.4 kDKK, while net earnings were 19.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 19 %, which can be considered excellent and Return on Equity (ROE) was 32.4 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 23.6 %, 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. TechTrove Trading ApS's liquidity measured by quick ratio was 1.3 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2024
Volume
Net sales
Gross profit488.90
EBIT44.36
Net earnings19.15
Shareholders equity total59.16
Balance sheet total (assets)250.16
Net debt88.11
Profitability
EBIT-%
ROA19.0 %
ROE32.4 %
ROI28.3 %
Economic value added (EVA)30.42
Solvency
Equity ratio23.6 %
Gearing184.0 %
Relative net indebtedness %
Liquidity
Quick ratio1.3
Current ratio1.3
Cash and cash equivalents20.76
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBB

Variable visualization

ROA:19.0%
Rating: 72/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:23.6%
Rating: 22/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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