TP LEASING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About TP LEASING A/S
TP LEASING A/S (CVR number: 14606394) is a company from HILLERØD. The company recorded a gross profit of -59 kDKK in 2023. The operating profit was -59 kDKK, while net earnings were 9.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.4 %, which can be considered weak and Return on Equity (ROE) was 1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 92.9 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. TP LEASING A/S's liquidity measured by quick ratio was 14.1 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -55.59 | -58.07 | -55.10 | -95.18 | -59.03 |
EBIT | -55.59 | -58.07 | -55.10 | -95.18 | -59.03 |
Net earnings | 122.11 | 192.36 | 62.86 | - 128.99 | 9.55 |
Shareholders equity total | 799.07 | 991.43 | 1 054.29 | 925.30 | 934.85 |
Balance sheet total (assets) | 880.36 | 1 060.18 | 1 122.89 | 994.85 | 1 006.32 |
Net debt | - 869.08 | -1 057.86 | -1 120.37 | - 993.33 | -1 006.32 |
Profitability | |||||
EBIT-% | |||||
ROA | 11.8 % | 23.7 % | 27.4 % | 2.7 % | 1.4 % |
ROE | 16.5 % | 21.5 % | 6.1 % | -13.0 % | 1.0 % |
ROI | 12.7 % | 25.7 % | 29.2 % | 2.9 % | 1.5 % |
Economic value added (EVA) | -23.58 | -54.55 | -51.76 | -91.86 | -53.92 |
Solvency | |||||
Equity ratio | 90.8 % | 93.5 % | 93.9 % | 93.0 % | 92.9 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 10.8 | 15.4 | 16.4 | 14.3 | 14.1 |
Current ratio | 10.8 | 15.4 | 16.4 | 14.3 | 14.1 |
Cash and cash equivalents | 869.08 | 1 057.86 | 1 120.37 | 993.33 | 1 006.32 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | B | BB | BB | BB | B |
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