QARSOQ TEGNESTUE ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About QARSOQ TEGNESTUE ApS
QARSOQ TEGNESTUE ApS (CVR number: 12424159) is a company from SERMERSOOQ. The company recorded a gross profit of 8090.3 kDKK in 2024. The operating profit was -252.2 kDKK, while net earnings were -94.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -0.6 %, which can be considered poor and Return on Equity (ROE) was -1.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 62.3 %, 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. QARSOQ TEGNESTUE ApS's liquidity measured by quick ratio was 3.9 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 18 263.85 | 21 555.57 | 12 490.70 | ||
Gross profit | 11 967.23 | 11 501.17 | 8 870.49 | 7 478.25 | 8 090.30 |
EBIT | 824.95 | 492.98 | 476.08 | 133.64 | - 252.19 |
Net earnings | 552.92 | 263.53 | 434.93 | 118.82 | -94.50 |
Shareholders equity total | 5 401.08 | 5 664.61 | 6 099.54 | 6 218.36 | 6 123.86 |
Balance sheet total (assets) | 13 318.47 | 12 485.02 | 11 586.60 | 10 985.50 | 9 830.56 |
Net debt | 5 403.70 | 3 132.40 | 1 916.27 | 1 856.36 | 161.45 |
Profitability | |||||
EBIT-% | 4.5 % | 2.3 % | 3.8 % | ||
ROA | 6.4 % | 3.9 % | 5.5 % | 1.6 % | -0.6 % |
ROE | 10.8 % | 4.8 % | 7.4 % | 1.9 % | -1.5 % |
ROI | 7.9 % | 4.8 % | 6.7 % | 1.9 % | -0.7 % |
Economic value added (EVA) | 126.21 | - 214.17 | - 145.42 | - 363.77 | - 689.64 |
Solvency | |||||
Equity ratio | 40.6 % | 45.4 % | 52.6 % | 56.6 % | 62.3 % |
Gearing | 101.4 % | 76.5 % | 59.2 % | 53.7 % | 38.4 % |
Relative net indebtedness % | 42.7 % | 26.1 % | 30.4 % | ||
Liquidity | |||||
Quick ratio | 1.8 | 2.2 | 3.3 | 4.1 | 3.9 |
Current ratio | 1.8 | 2.2 | 3.3 | 4.1 | 3.9 |
Cash and cash equivalents | 72.82 | 1 202.58 | 1 695.11 | 1 482.85 | 2 193.02 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 71.3 | 76.5 | 104.5 | ||
Net working capital % | 17.1 % | 16.1 % | 34.2 % | ||
Credit risk | |||||
Credit rating | AA | AA | AA | A | A |
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