T&W Engineering A/S
Credit rating
Company information
About T&W Engineering A/S
T&W Engineering A/S (CVR number: 36965002) is a company from ALLERØD. The company recorded a gross profit of -20456 kDKK in 2023. The operating profit was -41.8 mDKK, while net earnings were -32.6 mDKK. The profitability of the company measured by Return on Assets (ROA) was -196.3 %, which can be considered poor and Return on Equity (ROE) was -225.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 61.3 %, 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. T&W Engineering A/S's liquidity measured by quick ratio was 2.7 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -3 814.00 | -1 630.00 | -8 019.00 | -8 334.00 | -20 456.00 |
EBIT | -19 882.00 | -14 600.00 | -19 001.00 | -23 839.00 | -41 849.00 |
Net earnings | -16 022.00 | -11 021.00 | -14 421.00 | -18 450.00 | -32 553.00 |
Shareholders equity total | 14 277.00 | 3 256.00 | -9 265.00 | 14 403.00 | 14 481.00 |
Balance sheet total (assets) | 75 214.00 | 25 615.00 | 12 139.00 | 18 952.00 | 23 623.00 |
Net debt | 38 330.00 | -3 375.00 | -3 487.00 | -1 431.00 | 758.00 |
Profitability | |||||
EBIT-% | |||||
ROA | -26.4 % | -28.1 % | -79.5 % | -117.3 % | -196.3 % |
ROE | -112.2 % | -125.7 % | -187.3 % | -139.0 % | -225.4 % |
ROI | -34.4 % | -46.4 % | -1005.2 % | -317.7 % | -271.3 % |
Economic value added (EVA) | -15 395.55 | -11 721.94 | -14 601.84 | -17 380.18 | -32 652.89 |
Solvency | |||||
Equity ratio | 19.0 % | 12.7 % | -43.3 % | 76.0 % | 61.3 % |
Gearing | 293.3 % | -4.5 % | 0.5 % | 12.8 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.1 | 2.6 | 0.3 | 5.3 | 2.7 |
Current ratio | 1.1 | 2.6 | 0.3 | 5.3 | 2.7 |
Cash and cash equivalents | 3 544.00 | 3 375.00 | 3 907.00 | 1 503.00 | 1 092.00 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | B | B | B | B | BB |
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