T.S.N. METALVAREFABRIK ApS — Credit Rating and Financial Key Figures

CVR number: 41723319
Reerslevvej 20 B, Reerslev 4291 Ruds Vedby
tel: 58261499

Credit rating

Company information

Official name
T.S.N. METALVAREFABRIK ApS
Established
1975
Domicile
Reerslev
Company form
Private limited company
Industry
  • Expand more icon25Manufacture of fabricated metal products, except machinery and equipment

About T.S.N. METALVAREFABRIK ApS

T.S.N. METALVAREFABRIK ApS (CVR number: 41723319) is a company from KALUNDBORG. The company reported a net sales of 0 mDKK in 2022, demonstrating a decline of -23.1 % compared to the previous year. The operating profit percentage was poor at -26.2 % (EBIT: -0 mDKK), while net earnings were -10.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -5.6 %, which can be considered poor and Return on Equity (ROE) was -8.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 86.5 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. T.S.N. METALVAREFABRIK ApS's liquidity measured by quick ratio was 7.4 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

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2018
2019
2020
2021
2022
Volume
Net sales24.6749.6165.4864.1549.33
Gross profit-12.369.4822.4018.26-12.94
EBIT-12.369.4822.4018.26-12.94
Net earnings-16.216.5119.5114.31-10.44
Shareholders equity total139.44145.96165.47144.7799.34
Balance sheet total (assets)142.30152.13174.68152.04114.83
Net debt- 138.28- 148.10- 169.85- 141.22-99.03
Profitability
EBIT-%-50.1 %19.1 %34.2 %28.5 %-26.2 %
ROA-8.0 %6.5 %14.1 %11.4 %-5.6 %
ROE-11.0 %4.6 %12.5 %9.2 %-8.6 %
ROI-8.3 %6.7 %14.8 %12.0 %-6.2 %
Economic value added (EVA)-12.209.4222.5118.48-13.12
Solvency
Equity ratio98.0 %95.9 %94.7 %95.2 %86.5 %
Gearing
Relative net indebtedness %-548.9 %-286.1 %-245.3 %-208.8 %-169.3 %
Liquidity
Quick ratio48.424.018.520.47.4
Current ratio49.824.619.020.97.4
Cash and cash equivalents138.28148.10169.85141.2299.03
Capital use efficiency
Trade debtors turnover (days)4.465.3
Net working capital %549.0 %286.3 %252.7 %218.7 %181.9 %
Credit risk
Credit ratingCBBBBBBBB

Variable visualization

ROA:-5.64%
Rating: 14/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:86.5%
Rating: 66/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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