TEMPO WEAR HOLDING ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About TEMPO WEAR HOLDING ApS
TEMPO WEAR HOLDING ApS (CVR number: 29167990) is a company from FREDERIKSBERG. The company recorded a gross profit of -9 kDKK in 2024. The operating profit was -9 kDKK, while net earnings were -21.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0.2 %, which can be considered weak but Return on Equity (ROE) was -2.5 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 67.1 %, 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. TEMPO WEAR HOLDING ApS's liquidity measured by quick ratio was 60.6 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 | -24.75 | -6.93 | -5.85 | -7.99 | -9.03 |
EBIT | -24.75 | -6.93 | -5.85 | -7.99 | -9.03 |
Net earnings | - 636.74 | - 116.81 | 52.97 | 157.78 | -21.43 |
Shareholders equity total | 787.37 | 670.56 | 723.53 | 881.31 | 859.88 |
Balance sheet total (assets) | 1 183.88 | 1 016.41 | 1 083.27 | 1 265.12 | 1 281.26 |
Net debt | 119.26 | 94.08 | 112.71 | 135.24 | 153.06 |
Profitability | |||||
EBIT-% | |||||
ROA | -40.1 % | -9.6 % | 6.7 % | 4.0 % | 0.2 % |
ROE | -54.8 % | -16.0 % | 7.6 % | 19.7 % | -2.5 % |
ROI | -44.2 % | -11.1 % | 7.7 % | 4.6 % | 0.3 % |
Economic value added (EVA) | 50.99 | 35.30 | 30.45 | 34.61 | 29.38 |
Solvency | |||||
Equity ratio | 66.5 % | 66.0 % | 66.8 % | 69.7 % | 67.1 % |
Gearing | 31.3 % | 32.2 % | 31.1 % | 27.2 % | 30.0 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.9 | 2.1 | 2.0 | 56.5 | 60.6 |
Current ratio | 0.9 | 2.1 | 2.0 | 56.5 | 60.6 |
Cash and cash equivalents | 126.80 | 121.99 | 112.17 | 104.18 | 104.94 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BBB | BBB | A | BBB |
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