TK AUTOMOBILER ApS
Credit rating
Company information
About TK AUTOMOBILER ApS
TK AUTOMOBILER ApS (CVR number: 33163754) is a company from ESBJERG. The company recorded a gross profit of -41.5 kDKK in 2023. The operating profit was -41.5 kDKK, while net earnings were -44.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -16.1 %, which can be considered poor and Return on Equity (ROE) was -63.1 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 21.5 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. TK AUTOMOBILER ApS's liquidity measured by quick ratio was 9.8 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -11.87 | 276.13 | 292.90 | -11.39 | -41.46 |
EBIT | -11.87 | 276.13 | 292.90 | -11.39 | -41.46 |
Net earnings | -15.04 | 211.10 | 226.37 | -11.90 | -44.56 |
Shareholders equity total | - 182.68 | 28.42 | 254.79 | 92.89 | 48.33 |
Balance sheet total (assets) | 98.17 | 237.21 | 457.80 | 289.07 | 224.84 |
Net debt | 269.62 | -14.16 | -18.96 | 149.59 | 145.44 |
Profitability | |||||
EBIT-% | |||||
ROA | -4.3 % | 107.1 % | 84.8 % | -2.7 % | -16.1 % |
ROE | -15.0 % | 333.5 % | 159.9 % | -6.8 % | -63.1 % |
ROI | -4.5 % | 129.4 % | 116.2 % | -3.2 % | -16.9 % |
Economic value added (EVA) | 0.18 | 224.18 | 233.98 | -18.38 | -44.38 |
Solvency | |||||
Equity ratio | -65.0 % | 12.0 % | 55.7 % | 32.1 % | 21.5 % |
Gearing | -147.7 % | 459.3 % | 36.7 % | 198.5 % | 339.9 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.3 | 1.1 | 2.1 | 4.7 | 9.8 |
Current ratio | 0.3 | 1.1 | 3.0 | 6.5 | 13.0 |
Cash and cash equivalents | 0.21 | 144.72 | 112.58 | 34.79 | 18.81 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | B | B | B | C | C |
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