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TEAM TANKERS MANAGEMENT A/S

CVR number: 29687595
Amerika Plads 37, 2100 København Ø

Credit rating

Company information

Official name
TEAM TANKERS MANAGEMENT A/S
Established
2006
Company form
Limited company
Industry
  • Expand more icon50Water transport

About the company

TEAM TANKERS MANAGEMENT A/S (CVR number: 29687595) is a company from KØBENHAVN. The company reported a net sales of 3 mUSD in 2021, demonstrating a decline of -56.5 % compared to the previous year. The operating profit percentage was at 4.9 % (EBIT: 0.1 mUSD), while net earnings were 95 kUSD. The profitability of the company measured by Return on Assets (ROA) was 7.5 %, which can be considered decent but Return on Equity (ROE) was 8.6 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 70.2 %, 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. TEAM TANKERS MANAGEMENT A/S's liquidity measured by quick ratio was 3.3 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

Net sales (kUSD)

EBIT (kUSD)

Profitability

Solidity

Key figures (kUSD)

See financials
20172018201920202021
Volume
Net sales6 914.009 201.0010 099.006 921.003 014.00
Gross profit4 285.005 779.007 366.004 757.001 691.00
EBIT- 651.00- 265.00631.00- 847.00148.00
Net earnings- 480.00- 303.00646.00- 151.0095.00
Shareholders equity total3 364.003 061.003 707.001 056.001 151.00
Balance sheet total (assets)6 440.009 593.0012 879.002 321.001 639.00
Net debt-1 956.002 939.004 669.00- 390.00- 362.00
Profitability
EBIT-%-9.4 %-2.9 %6.2 %-12.2 %4.9 %
ROA-6.2 %-2.9 %7.3 %-0.9 %7.5 %
ROE-13.3 %-9.4 %19.1 %-6.3 %8.6 %
ROI-8.3 %-3.6 %9.1 %-1.3 %13.4 %
Economic value added (EVA)- 666.18- 253.59568.54- 980.56114.53
Solvency
Equity ratio52.2 %31.9 %28.8 %45.5 %70.2 %
Gearing48.6 %153.9 %153.0 %
Relative net indebtedness %-7.4 %51.7 %80.9 %12.6 %4.2 %
Liquidity
Quick ratio1.91.41.41.83.3
Current ratio1.91.41.41.83.3
Cash and cash equivalents3 591.001 772.001 003.00390.00362.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %40.0 %28.1 %32.0 %14.6 %36.7 %
Credit risk
Credit ratingBBBBBBBBBBB

Variable visualization

ROA:7.47%
Rating: 50/100
-20%
0%
4%
11%
24%
60%
Equity ratio:70.2%
Rating: 53/100
-1%
21%
50%
81%
99%
100%

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