TSL TRADING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About TSL TRADING ApS
TSL TRADING ApS (CVR number: 26937868) is a company from GENTOFTE. The company recorded a gross profit of -11.5 kDKK in 2023. The operating profit was -27.5 kDKK, while net earnings were 8.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.8 %, which can be considered weak and Return on Equity (ROE) was 2.8 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 75.2 %, 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. TSL TRADING ApS's liquidity measured by quick ratio was 4 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 | 64.48 | 18.14 | -17.55 | 17.49 | -11.47 |
EBIT | 38.48 | -5.86 | -41.55 | -6.51 | -27.47 |
Net earnings | 35.21 | 44.44 | -70.02 | 12.77 | 8.79 |
Shareholders equity total | 520.54 | 509.68 | 383.16 | 338.73 | 288.61 |
Balance sheet total (assets) | 530.04 | 524.26 | 402.29 | 395.52 | 383.87 |
Net debt | - 501.12 | - 524.26 | - 402.29 | - 392.58 | - 381.75 |
Profitability | |||||
EBIT-% | |||||
ROA | 10.2 % | 11.6 % | -5.7 % | 5.0 % | 3.8 % |
ROE | 6.6 % | 8.6 % | -15.7 % | 3.5 % | 2.8 % |
ROI | 10.5 % | 11.9 % | -6.0 % | 5.5 % | 4.7 % |
Economic value added (EVA) | 37.52 | -5.54 | -40.81 | -5.55 | -24.77 |
Solvency | |||||
Equity ratio | 98.2 % | 97.2 % | 95.2 % | 85.6 % | 75.2 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 55.8 | 36.0 | 21.0 | 7.0 | 4.0 |
Current ratio | 55.8 | 36.0 | 21.0 | 7.0 | 4.0 |
Cash and cash equivalents | 501.12 | 524.26 | 402.29 | 392.58 | 381.75 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BB | BB | BB | BB |
Variable visualization
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