TC BRØD ApS

CVR number: 15144505
Vestervej 3, Stend-Krogag 7200 Grindsted

Credit rating

Company information

Official name
TC BRØD ApS
Personnel
27 persons
Established
1991
Domicile
Stend-Krogag
Company form
Private limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About TC BRØD ApS

TC BRØD ApS (CVR number: 15144505) is a company from BILLUND. The company recorded a gross profit of 36.2 mDKK in 2023. The operating profit was 18.7 mDKK, while net earnings were 14.3 mDKK. The profitability of the company measured by Return on Assets (ROA) was 30 %, which can be considered excellent and Return on Equity (ROE) was 32.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 72.2 %, 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. TC BRØD ApS's liquidity measured by quick ratio was 1.7 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit27 669.0026 472.0033 980.0043 065.2936 227.87
EBIT9 831.0010 021.0015 076.0022 097.0518 660.50
Net earnings7 354.007 501.0011 543.0017 031.3914 343.15
Shareholders equity total28 427.0030 928.0037 471.0044 502.6542 845.79
Balance sheet total (assets)61 599.0060 938.0064 518.0065 220.3859 347.20
Net debt2 560.43- 713.10
Profitability
EBIT-%
ROA17.5 %16.4 %24.0 %34.1 %30.0 %
ROE27.5 %25.3 %33.8 %41.6 %32.8 %
ROI19.2 %16.4 %24.0 %37.7 %36.4 %
Economic value added (EVA)8 520.968 592.5413 521.8715 358.5812 271.49
Solvency
Equity ratio100.0 %100.0 %100.0 %68.2 %72.2 %
Gearing6.8 %5.6 %
Relative net indebtedness %
Liquidity
Quick ratio1.51.7
Current ratio2.42.6
Cash and cash equivalents447.673 097.94
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBAAAA

Variable visualization

ROA:30.0%
Rating: 83/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:72.2%
Rating: 54/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chairman of the board

Companies in the same industry

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