TP PP ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About TP PP ApS
TP PP ApS (CVR number: 31879663) is a company from AABENRAA. The company recorded a gross profit of -12.9 kDKK in 2024. The operating profit was -12.9 kDKK, while net earnings were 371.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 1.9 %, which can be considered weak but Return on Equity (ROE) was 4.5 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 77.9 %, 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. TP PP ApS's liquidity measured by quick ratio was 52.8 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -8.25 | -7.08 | -13.47 | -12.50 | -12.88 |
EBIT | -8.25 | -7.08 | -13.47 | -12.50 | -12.88 |
Net earnings | 355.37 | 993.60 | 805.82 | 347.86 | 371.88 |
Shareholders equity total | 6 877.15 | 7 706.47 | 7 762.29 | 8 110.15 | 8 482.03 |
Balance sheet total (assets) | 7 334.00 | 8 445.23 | 8 481.32 | 9 665.26 | 10 895.16 |
Net debt | 432.22 | ||||
Profitability | |||||
EBIT-% | |||||
ROA | 3.3 % | 11.9 % | 8.7 % | 2.0 % | 1.9 % |
ROE | 5.3 % | 13.6 % | 10.4 % | 4.4 % | 4.5 % |
ROI | 3.5 % | 12.2 % | 8.7 % | 2.0 % | 1.9 % |
Economic value added (EVA) | - 336.09 | - 352.30 | - 433.58 | - 438.16 | - 494.19 |
Solvency | |||||
Equity ratio | 93.8 % | 91.3 % | 91.5 % | 83.9 % | 77.9 % |
Gearing | 5.6 % | ||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.0 | 0.7 | 22.7 | 37.2 | 52.8 |
Current ratio | 1.0 | 0.7 | 22.7 | 37.2 | 52.8 |
Cash and cash equivalents | |||||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | A | A |
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