TA RUSTFRI A/S — Credit Rating and Financial Key Figures

CVR number: 33773420
Gl Hovvej 98, 4400 Kalundborg
Ta@ta-rustfri.dk
tel: 22670809

Credit rating

Company information

Official name
TA RUSTFRI A/S
Personnel
15 persons
Established
2011
Company form
Limited company
Industry
  • Expand more icon33Repair and installation of machinery and equipment

About TA RUSTFRI A/S

TA RUSTFRI A/S (CVR number: 33773420) is a company from KALUNDBORG. The company recorded a gross profit of 8856.5 kDKK in 2023. The operating profit was 526 kDKK, while net earnings were 334.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 10.5 %, which can be considered good and Return on Equity (ROE) was 14.9 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 36.2 %, 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. TA RUSTFRI A/S's liquidity measured by quick ratio was 1.5 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit5 269.695 722.056 336.825 825.098 856.48
EBIT- 393.87- 523.69700.95- 114.36526.00
Net earnings- 311.50- 400.36536.24- 109.29334.67
Shareholders equity total3 054.352 653.992 190.232 080.942 415.61
Balance sheet total (assets)5 335.264 677.214 107.613 417.026 672.90
Net debt648.50- 367.8211.66265.36- 720.26
Profitability
EBIT-%
ROA-7.7 %-10.0 %16.2 %-2.9 %10.5 %
ROE-9.4 %-14.0 %22.1 %-5.1 %14.9 %
ROI-10.6 %-15.5 %25.3 %-4.0 %18.9 %
Economic value added (EVA)- 479.09- 561.48435.78- 169.11310.30
Solvency
Equity ratio57.2 %56.7 %53.3 %60.9 %36.2 %
Gearing21.9 %3.8 %28.8 %23.0 %24.6 %
Relative net indebtedness %
Liquidity
Quick ratio2.01.91.92.31.5
Current ratio2.01.91.92.31.5
Cash and cash equivalents19.66467.82618.82212.671 313.89
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBABBBBBB

Variable visualization

ROA:10.5%
Rating: 59/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:36.2%
Rating: 30/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chairman of the board

Companies in the same industry

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