Texas Instruments Denmark ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Texas Instruments Denmark ApS
Texas Instruments Denmark ApS (CVR number: 20531673) is a company from ALBERTSLUND. The company reported a net sales of 1.6 mUSD in 2023, demonstrating a decline of -7.6 % compared to the previous year. The operating profit percentage was at 20.4 % (EBIT: 0.3 mUSD), while net earnings were 280.4 kUSD. The profitability of the company measured by Return on Assets (ROA) was 24.1 %, which can be considered excellent and Return on Equity (ROE) was 24.5 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 64.5 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Texas Instruments Denmark ApS's liquidity measured by quick ratio was 3.1 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 (kUSD)
EBIT (kUSD)
Profitability
Solidity
Key figures (kUSD)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 1 802.59 | 1 553.24 | 1 501.40 | 1 732.59 | 1 601.40 |
Gross profit | 1 263.23 | 1 230.00 | 1 227.06 | 1 365.93 | 1 285.97 |
EBIT | 193.42 | 202.58 | 195.80 | 288.09 | 327.11 |
Net earnings | 449.52 | 141.66 | 157.94 | 233.50 | 280.42 |
Shareholders equity total | 969.46 | 1 111.11 | 1 269.05 | 1 502.55 | 782.97 |
Balance sheet total (assets) | 1 451.64 | 1 565.06 | 1 581.83 | 1 907.80 | 1 214.00 |
Net debt | -54.66 | -31.36 | -59.36 | -70.25 | -51.83 |
Profitability | |||||
EBIT-% | 10.7 % | 13.0 % | 13.0 % | 16.6 % | 20.4 % |
ROA | 4.2 % | 15.0 % | 13.1 % | 17.8 % | 24.1 % |
ROE | 3.4 % | 13.6 % | 13.3 % | 16.8 % | 24.5 % |
ROI | 4.4 % | 20.2 % | 16.1 % | 22.1 % | 32.9 % |
Economic value added (EVA) | -1 124.99 | 111.17 | 100.56 | 165.03 | 174.79 |
Solvency | |||||
Equity ratio | 66.8 % | 71.0 % | 80.2 % | 78.8 % | 64.5 % |
Gearing | |||||
Relative net indebtedness % | 23.7 % | 27.2 % | 16.9 % | 19.3 % | 23.7 % |
Liquidity | |||||
Quick ratio | 3.1 | 4.7 | 5.8 | 5.2 | 3.1 |
Current ratio | 3.1 | 4.7 | 5.8 | 5.2 | 3.1 |
Cash and cash equivalents | 54.66 | 31.36 | 59.36 | 70.25 | 51.83 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | 54.4 % | 78.9 % | 86.7 % | 88.8 % | 50.9 % |
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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