TF SPORTSHORSES ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About TF SPORTSHORSES ApS
TF SPORTSHORSES ApS (CVR number: 32935672) is a company from RANDERS. The company recorded a gross profit of -40.7 kDKK in 2024. The operating profit was -40.7 kDKK, while net earnings were -32.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -12.8 %, which can be considered poor and Return on Equity (ROE) was -13.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 71.5 %, 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. TF SPORTSHORSES ApS'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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -37.05 | -23.04 | 40.56 | 256.70 | -40.69 |
EBIT | -37.05 | -23.04 | 40.56 | 256.70 | -40.69 |
Net earnings | -29.95 | -18.31 | 30.40 | 194.09 | -32.77 |
Shareholders equity total | 48.20 | 29.89 | 60.29 | 254.38 | 221.61 |
Balance sheet total (assets) | 108.26 | 50.88 | 77.78 | 321.12 | 309.89 |
Net debt | -89.00 | -25.16 | -52.50 | -40.58 | -25.29 |
Profitability | |||||
EBIT-% | |||||
ROA | -7.6 % | -29.0 % | 63.0 % | 128.7 % | -12.8 % |
ROE | -47.4 % | -46.9 % | 67.4 % | 123.4 % | -13.8 % |
ROI | -8.8 % | -47.2 % | 77.6 % | 158.5 % | -16.7 % |
Economic value added (EVA) | -30.58 | -15.43 | 31.89 | 200.07 | -42.25 |
Solvency | |||||
Equity ratio | 44.5 % | 58.8 % | 77.5 % | 79.2 % | 71.5 % |
Gearing | 20.2 % | 32.5 % | 7.7 % | 1.8 % | 2.4 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.8 | 2.4 | 3.3 | 4.5 | 3.3 |
Current ratio | 1.8 | 2.4 | 4.4 | 4.8 | 3.5 |
Cash and cash equivalents | 98.74 | 34.87 | 57.14 | 45.21 | 30.56 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | BB |
Variable visualization
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