Credit rating
Company information
About TSATIRIS HOLDING ApS
TSATIRIS HOLDING ApS (CVR number: 27112285) is a company from Brønderslev. The company reported a net sales of 0.5 mDKK in 2023, demonstrating a decline of -86.6 % compared to the previous year. The operating profit percentage was at 93.8 % (EBIT: 0.5 mDKK), while net earnings were 487.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.5 %, which can be considered decent and Return on Equity (ROE) was 6.1 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 95.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. TSATIRIS HOLDING ApS's liquidity measured by quick ratio was 7 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 856.61 | 1 169.28 | 1 320.18 | 4 042.24 | 543.57 |
Gross profit | 856.61 | 1 168.43 | 1 301.83 | 3 946.49 | 510.07 |
EBIT | 856.61 | 1 168.43 | 1 301.83 | 3 946.49 | 510.07 |
Net earnings | 838.36 | 1 165.98 | 1 261.03 | 3 902.08 | 487.06 |
Shareholders equity total | 2 372.85 | 3 428.23 | 4 389.26 | 7 876.93 | 8 167.66 |
Balance sheet total (assets) | 2 566.44 | 3 432.48 | 8 108.60 | 9 859.37 | 8 549.60 |
Net debt | 188.10 | - 196.75 | 3 715.09 | 1 933.18 | - 570.80 |
Profitability | |||||
EBIT-% | 100.0 % | 99.9 % | 98.6 % | 97.6 % | 93.8 % |
ROA | 38.2 % | 39.0 % | 22.6 % | 43.9 % | 5.5 % |
ROE | 41.8 % | 40.2 % | 32.3 % | 63.6 % | 6.1 % |
ROI | 38.3 % | 39.0 % | 22.6 % | 44.1 % | 5.7 % |
Economic value added (EVA) | 911.31 | 1 261.90 | 1 436.87 | 4 312.84 | 659.21 |
Solvency | |||||
Equity ratio | 92.5 % | 99.9 % | 54.1 % | 79.9 % | 95.5 % |
Gearing | 7.9 % | 84.6 % | 24.5 % | ||
Relative net indebtedness % | 22.6 % | -16.5 % | 281.7 % | 49.0 % | -34.7 % |
Liquidity | |||||
Quick ratio | 46.3 | 0.1 | 1.0 | 7.0 | |
Current ratio | 46.3 | 0.1 | 1.0 | 7.0 | |
Cash and cash equivalents | 196.75 | 570.80 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | -22.6 % | 16.5 % | -258.8 % | 0.7 % | 418.7 % |
Credit risk | |||||
Credit rating | BBB | BBB | A | BBB | A |
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