TMG-RINGSTED EJENDOMME ApS — Credit Rating and Financial Key Figures

CVR number: 26660041
Slangerupvej 64, Slangerup 4100 Ringsted

Credit rating

Company information

Official name
TMG-RINGSTED EJENDOMME ApS
Personnel
1 person
Established
2002
Domicile
Slangerup
Company form
Private limited company
Industry

About TMG-RINGSTED EJENDOMME ApS

TMG-RINGSTED EJENDOMME ApS (CVR number: 26660041) is a company from RINGSTED. The company recorded a gross profit of 364.9 kDKK in 2023. The operating profit was -1696 kDKK, while net earnings were -981.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -9 %, which can be considered poor and Return on Equity (ROE) was -17.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 68.9 %, 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. TMG-RINGSTED EJENDOMME ApS's liquidity measured by quick ratio was 3.2 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit569.03583.71503.84623.63364.85
EBIT374.03402.85259.40443.63-1 695.95
Net earnings299.36265.22165.34218.64- 981.27
Shareholders equity total5 436.745 701.965 867.306 085.945 104.66
Balance sheet total (assets)11 590.3412 701.5112 535.8012 429.897 422.53
Net debt3 304.144 469.654 098.183 849.66-2 908.36
Profitability
EBIT-%
ROA4.1 %3.6 %2.4 %3.6 %-9.0 %
ROE5.7 %4.8 %2.9 %3.7 %-17.5 %
ROI4.2 %3.7 %2.5 %3.7 %-10.2 %
Economic value added (EVA)- 138.38- 112.44- 292.76- 139.85-2 130.63
Solvency
Equity ratio46.9 %45.0 %46.9 %49.0 %68.9 %
Gearing75.8 %82.9 %75.4 %67.6 %11.3 %
Relative net indebtedness %
Liquidity
Quick ratio2.91.00.80.63.2
Current ratio2.91.00.80.63.1
Cash and cash equivalents816.22259.89323.59262.743 484.20
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAABBB

Variable visualization

ROA:-9.00%
Rating: 11/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:68.9%
Rating: 52/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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