TETCON A/S — Credit Rating and Financial Key Figures

CVR number: 27564216
Bysøstræde 9, 4300 Holbæk
tel: 59446450

Company information

Official name
TETCON A/S
Personnel
2 persons
Established
2004
Company form
Limited company
Industry

About TETCON A/S

TETCON A/S (CVR number: 27564216) is a company from HOLBÆK. The company recorded a gross profit of 1256.7 kDKK in 2023. The operating profit was 127.8 kDKK, while net earnings were 138 kDKK. The profitability of the company measured by Return on Assets (ROA) was 7.1 %, which can be considered decent and Return on Equity (ROE) was 6.9 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 57.6 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. TETCON A/S's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

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 profit1 633.331 694.001 322.751 089.421 256.73
EBIT619.88591.00179.24107.81127.81
Net earnings514.01499.00178.56163.38138.02
Shareholders equity total2 955.892 955.003 133.782 797.161 185.18
Balance sheet total (assets)3 876.054 452.004 288.933 617.152 057.89
Net debt- 845.33-1 373.00-1 047.75- 834.78- 881.19
Profitability
EBIT-%
ROA17.6 %15.7 %5.5 %5.8 %7.1 %
ROE18.4 %16.9 %5.9 %5.5 %6.9 %
ROI23.9 %22.0 %7.7 %7.7 %9.8 %
Economic value added (EVA)377.11352.5958.87-21.80-1.75
Solvency
Equity ratio76.3 %66.4 %73.1 %77.3 %57.6 %
Gearing0.8 %1.3 %1.5 %3.5 %
Relative net indebtedness %
Liquidity
Quick ratio5.03.03.74.41.3
Current ratio5.03.03.74.41.3
Cash and cash equivalents845.331 396.001 089.61876.64923.05
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBA

Variable visualization

ROA:7.05%
Rating: 49/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:57.6%
Rating: 45/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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