TK Invest Houtved ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About TK Invest Houtved ApS
TK Invest Houtved ApS (CVR number: 40541640) is a company from MARIAGERFJORD. The company recorded a gross profit of -10.9 kDKK in 2023. The operating profit was -10.9 kDKK, while net earnings were -247.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -28.8 %, which can be considered poor and Return on Equity (ROE) was -40.6 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 67.9 %, 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. TK Invest Houtved ApS's liquidity measured by quick ratio was 1.8 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 financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -6.67 | -4.75 | -6.63 | -8.75 | -10.88 |
EBIT | -6.67 | -4.75 | -6.63 | -8.75 | -10.88 |
Net earnings | 75.58 | 22.64 | 240.66 | 487.35 | - 247.29 |
Shareholders equity total | 125.57 | 148.22 | 332.38 | 762.53 | 456.34 |
Balance sheet total (assets) | 129.07 | 271.72 | 455.88 | 1 038.15 | 671.83 |
Net debt | -36.69 | 115.30 | -20.67 | 129.32 | 203.81 |
Profitability | |||||
EBIT-% | |||||
ROA | 58.0 % | 10.9 % | 65.9 % | 65.1 % | -28.8 % |
ROE | 60.2 % | 16.5 % | 100.2 % | 89.0 % | -40.6 % |
ROI | 59.7 % | 11.1 % | 66.6 % | 70.6 % | -31.0 % |
Economic value added (EVA) | -5.89 | -0.52 | 0.94 | -0.85 | -11.35 |
Solvency | |||||
Equity ratio | 97.3 % | 54.5 % | 72.9 % | 73.5 % | 67.9 % |
Gearing | 81.0 % | 36.1 % | 21.2 % | 45.6 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 10.7 | 0.1 | 1.2 | 1.3 | 1.8 |
Current ratio | 10.7 | 0.1 | 1.2 | 1.3 | 1.8 |
Cash and cash equivalents | 36.69 | 4.70 | 140.67 | 32.44 | 4.18 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BBB | BBB | A | BBB |
Variable visualization
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