TG HORSEBOXES A/S — Credit Rating and Financial Key Figures

CVR number: 31847230
Østergade 15, 8870 Langå
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Credit rating

Company information

Official name
TG HORSEBOXES A/S
Personnel
2 persons
Established
2008
Company form
Limited company
Industry

About TG HORSEBOXES A/S

TG HORSEBOXES A/S (CVR number: 31847230) is a company from FAVRSKOV. The company recorded a gross profit of 1737.3 kDKK in 2024. The operating profit was 43.1 kDKK, while net earnings were 4.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.4 %, which can be considered weak and Return on Equity (ROE) was 0.1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 52.9 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. TG HORSEBOXES A/S's liquidity measured by quick ratio was 0.4 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit2 228.182 512.162 333.291 753.871 737.33
EBIT814.51984.93607.9058.1543.13
Net earnings509.77884.36512.4775.124.41
Shareholders equity total12 264.1713 148.535 660.995 236.115 165.52
Balance sheet total (assets)17 867.1714 836.6711 741.9013 360.7811 034.74
Net debt-4 957.82-1 218.25-98.02491.253 559.71
Profitability
EBIT-%
ROA6.6 %7.1 %5.2 %0.9 %0.4 %
ROE7.0 %7.0 %5.4 %1.4 %0.1 %
ROI9.9 %9.1 %7.4 %2.0 %0.7 %
Economic value added (EVA)434.85141.43- 191.52- 240.98- 259.28
Solvency
Equity ratio72.7 %90.5 %78.0 %68.0 %52.9 %
Gearing0.9 %9.7 %69.2 %
Relative net indebtedness %
Liquidity
Quick ratio2.17.54.01.50.4
Current ratio3.18.51.81.61.8
Cash and cash equivalents5 066.211 218.2598.0215.8216.22
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAABBBBBBBBB

Variable visualization

ROA:0.41%
Rating: 22/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:52.9%
Rating: 42/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Companies in the same industry

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