TS INVEST, HIRTSHALS ApS — Credit Rating and Financial Key Figures

CVR number: 25441702
Møllegårdsvej 4, Horne 9850 Hirtshals
tel: 20113955

Credit rating

Company information

Official name
TS INVEST, HIRTSHALS ApS
Established
2000
Domicile
Horne
Company form
Private limited company
Industry

About TS INVEST, HIRTSHALS ApS

TS INVEST, HIRTSHALS ApS (CVR number: 25441702) is a company from HJØRRING. The company recorded a gross profit of 73.5 kDKK in 2023. The operating profit was 51.3 kDKK, while net earnings were 15.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.6 %, which can be considered weak but Return on Equity (ROE) was 4 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 26.9 %, 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. TS INVEST, HIRTSHALS ApS's liquidity measured by quick ratio was 1 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

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 profit141.49240.45195.3369.2273.48
EBIT119.27218.24173.1147.0151.27
Net earnings146.76159.44124.2823.1515.14
Shareholders equity total260.31319.75344.03367.18382.33
Balance sheet total (assets)1 426.791 437.011 411.821 415.881 421.20
Net debt926.26832.21863.89798.17738.50
Profitability
EBIT-%
ROA8.3 %15.2 %12.2 %3.3 %3.6 %
ROE78.5 %55.0 %37.4 %6.5 %4.0 %
ROI10.2 %17.6 %13.9 %3.8 %4.2 %
Economic value added (EVA)35.34112.4178.95-22.22-16.70
Solvency
Equity ratio18.2 %22.3 %24.4 %25.9 %26.9 %
Gearing372.0 %292.2 %261.6 %236.3 %219.7 %
Relative net indebtedness %
Liquidity
Quick ratio0.60.80.80.91.0
Current ratio0.60.80.80.91.0
Cash and cash equivalents42.20102.0636.1369.30101.32
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:3.61%
Rating: 38/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:26.9%
Rating: 24/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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