Tryghed Danmark ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Tryghed Danmark ApS
Tryghed Danmark ApS (CVR number: 39922045) is a company from ODENSE. The company recorded a gross profit of 313 kDKK in 2022. The operating profit was 67.4 kDKK, while net earnings were 38.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.2 %, which can be considered weak and Return on Equity (ROE) was 3.7 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 30.7 %, 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. Tryghed Danmark ApS's liquidity measured by quick ratio was 0.1 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|
Volume | ||||
Net sales | ||||
Gross profit | -21.79 | 470.61 | 942.81 | 313.02 |
EBIT | -21.79 | 276.95 | 532.77 | 67.39 |
Net earnings | -16.84 | 213.13 | 399.21 | 38.78 |
Shareholders equity total | 33.16 | 616.00 | 1 015.21 | 1 053.98 |
Balance sheet total (assets) | 188.95 | 1 723.57 | 2 956.01 | 3 428.99 |
Net debt | -17.57 | 715.01 | 1 528.59 | 1 650.90 |
Profitability | ||||
EBIT-% | ||||
ROA | -11.4 % | 29.0 % | 22.8 % | 2.2 % |
ROE | -50.8 % | 65.7 % | 48.9 % | 3.7 % |
ROI | -64.8 % | 38.5 % | 25.8 % | 2.5 % |
Economic value added (EVA) | -17.00 | 214.44 | 382.62 | -12.23 |
Solvency | ||||
Equity ratio | 17.5 % | 35.7 % | 43.5 % | 30.7 % |
Gearing | 0.5 % | 118.6 % | 150.6 % | 157.1 % |
Relative net indebtedness % | ||||
Liquidity | ||||
Quick ratio | 0.5 | 0.3 | 0.3 | 0.1 |
Current ratio | 0.7 | 0.3 | 0.8 | 0.3 |
Cash and cash equivalents | 17.73 | 15.68 | 4.61 | |
Capital use efficiency | ||||
Trade debtors turnover (days) | ||||
Net working capital % | ||||
Credit risk | ||||
Credit rating | BB | BBB | A | BBB |
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