TS-EL Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About TS-EL Holding ApS
TS-EL Holding ApS (CVR number: 42878693) is a company from GRIBSKOV. The company recorded a gross profit of -13.4 kDKK in 2024. The operating profit was -13.4 kDKK, while net earnings were 312.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.9 %, which can be considered good and Return on Equity (ROE) was 9.4 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 95.1 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. TS-EL Holding ApS's liquidity measured by quick ratio was 2.5 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 financials2021 | 2022 | 2023 | 2024 | |
|---|---|---|---|---|
| Volume | ||||
| Net sales | ||||
| Gross profit | -15.63 | -8.00 | -8.14 | -13.38 |
| EBIT | -15.63 | -15.63 | -8.14 | -13.38 |
| Net earnings | 404.73 | 1 104.76 | 689.18 | 312.58 |
| Shareholders equity total | 1 825.01 | 2 929.77 | 3 318.94 | 3 331.53 |
| Balance sheet total (assets) | 2 084.38 | 3 222.56 | 3 485.28 | 3 501.73 |
| Net debt | 10.63 | - 240.79 | - 332.65 | |
| Profitability | ||||
| EBIT-% | ||||
| ROA | 25.0 % | 57.1 % | 20.5 % | 8.9 % |
| ROE | 22.2 % | 46.5 % | 22.1 % | 9.4 % |
| ROI | 26.9 % | 63.8 % | 22.5 % | 9.4 % |
| Economic value added (EVA) | -11.09 | - 108.74 | - 160.07 | - 179.30 |
| Solvency | ||||
| Equity ratio | 87.6 % | 84.3 % | 95.2 % | 95.1 % |
| Gearing | 0.4 % | |||
| Relative net indebtedness % | ||||
| Liquidity | ||||
| Quick ratio | 0.9 | 2.0 | 2.6 | 2.5 |
| Current ratio | 0.9 | 2.0 | 2.6 | 2.5 |
| Cash and cash equivalents | 240.79 | 332.65 | ||
| Capital use efficiency | ||||
| Trade debtors turnover (days) | ||||
| Net working capital % | ||||
| Credit risk | ||||
| Credit rating | BBB | A | A | BBB |
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