TÅRNBYFORSYNING SPILDEVAND A/S
Credit rating
Company information
About TÅRNBYFORSYNING SPILDEVAND A/S
TÅRNBYFORSYNING SPILDEVAND A/S (CVR number: 32667732) is a company from TÅRNBY. The company reported a net sales of 48.4 mDKK in 2023, demonstrating a decline of -13.3 % compared to the previous year. The operating profit percentage was poor at -26.2 % (EBIT: -12.7 mDKK), while net earnings were -9995.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -1.7 %, which can be considered poor and Return on Equity (ROE) was -2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 68 %, 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. TÅRNBYFORSYNING SPILDEVAND A/S's liquidity measured by quick ratio was 0.6 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 53.47 | 53.51 | 52.90 | 55.89 | 48.44 |
Gross profit | 16.11 | 14.53 | 14.74 | 15.25 | 4.35 |
EBIT | 3.75 | 1.51 | 2.08 | 1.11 | -12.68 |
Net earnings | 2.00 | 0.93 | -0.35 | -1.11 | -10.00 |
Shareholders equity total | 579.11 | 580.05 | 579.70 | 506.04 | 496.05 |
Balance sheet total (assets) | 695.92 | 683.98 | 689.06 | 686.62 | 729.62 |
Net debt | 72.62 | 82.44 | 71.22 | 91.83 | 132.88 |
Profitability | |||||
EBIT-% | 7.0 % | 2.8 % | 3.9 % | 2.0 % | -26.2 % |
ROA | 0.5 % | 0.2 % | 0.3 % | 0.2 % | -1.7 % |
ROE | 0.3 % | 0.2 % | -0.1 % | -0.2 % | -2.0 % |
ROI | 0.6 % | 0.2 % | 0.3 % | 0.2 % | -1.8 % |
Economic value added (EVA) | -4.72 | -5.97 | -5.55 | -31.48 | -37.62 |
Solvency | |||||
Equity ratio | 83.2 % | 84.8 % | 84.2 % | 73.7 % | 68.0 % |
Gearing | 17.5 % | 16.7 % | 15.8 % | 19.9 % | 31.4 % |
Relative net indebtedness % | 165.0 % | 167.4 % | 163.6 % | 177.0 % | 296.2 % |
Liquidity | |||||
Quick ratio | 1.6 | 2.2 | 1.5 | 0.8 | 0.6 |
Current ratio | 1.6 | 2.3 | 1.5 | 0.8 | 0.6 |
Cash and cash equivalents | 28.56 | 14.37 | 20.30 | 9.10 | 22.90 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 16.6 | 39.0 | 20.4 | 5.0 | 2.2 |
Net working capital % | 25.4 % | 29.9 % | 19.0 % | -8.4 % | -47.9 % |
Credit risk | |||||
Credit rating | AAA | AAA | AA | A | BBB |
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