TOTALENERGIES MARKETING DENMARK A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About TOTALENERGIES MARKETING DENMARK A/S
TOTALENERGIES MARKETING DENMARK A/S (CVR number: 63855618) is a company from KØBENHAVN. The company reported a net sales of 534.8 mDKK in 2023, demonstrating a decline of -44.8 % compared to the previous year. The operating profit percentage was at 0.9 % (EBIT: 4.8 mDKK), while net earnings were 4498 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.5 %, which can be considered weak but Return on Equity (ROE) was 11 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 40.3 %, 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. TOTALENERGIES MARKETING DENMARK A/S's liquidity measured by quick ratio was 1.2 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 1 077.15 | 574.87 | 613.52 | 968.96 | 534.78 |
Gross profit | 74.18 | 66.54 | 45.04 | 41.45 | 47.38 |
EBIT | 40.09 | 33.16 | 15.63 | 3.84 | 4.78 |
Net earnings | 16.85 | 14.54 | 13.35 | 2.46 | 4.50 |
Shareholders equity total | 56.24 | 53.93 | 52.74 | 41.86 | 39.97 |
Balance sheet total (assets) | 358.88 | 162.96 | 324.87 | 615.44 | 99.27 |
Net debt | 198.86 | 45.49 | 207.76 | 495.92 | 6.60 |
Profitability | |||||
EBIT-% | 3.7 % | 5.8 % | 2.5 % | 0.4 % | 0.9 % |
ROA | 14.6 % | 13.7 % | 8.5 % | 5.4 % | 3.5 % |
ROE | 28.8 % | 26.4 % | 25.0 % | 5.2 % | 11.0 % |
ROI | 19.4 % | 19.3 % | 11.0 % | 6.1 % | 4.1 % |
Economic value added (EVA) | 27.83 | 23.96 | 9.66 | 1.13 | 2.00 |
Solvency | |||||
Equity ratio | 15.7 % | 33.1 % | 16.2 % | 6.8 % | 40.3 % |
Gearing | 374.2 % | 92.9 % | 416.7 % | 1218.8 % | 38.3 % |
Relative net indebtedness % | 27.0 % | 18.2 % | 42.4 % | 57.7 % | 9.5 % |
Liquidity | |||||
Quick ratio | 1.1 | 1.2 | 1.1 | 1.0 | 1.2 |
Current ratio | 1.2 | 1.4 | 1.2 | 1.1 | 1.6 |
Cash and cash equivalents | 11.61 | 4.62 | 12.01 | 14.24 | 8.70 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 19.6 | 25.4 | 22.1 | 16.4 | 27.1 |
Net working capital % | 4.6 % | 8.2 % | 7.6 % | 3.8 % | 6.7 % |
Credit risk | |||||
Credit rating | A | AA | A | A | A |
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