TEXAS RANCH ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About TEXAS RANCH ApS
TEXAS RANCH ApS (CVR number: 32055966) is a company from STEVNS. The company recorded a gross profit of -4.3 kDKK in 2023. The operating profit was -6.7 kDKK, while net earnings were -6.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was -5 %, which can be considered poor and Return on Equity (ROE) was -51.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 61.1 %, 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. TEXAS RANCH ApS's liquidity measured by quick ratio was 2.6 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 | 103.14 | -33.14 | 45.93 | 53.91 | -4.33 |
EBIT | 2.04 | -65.72 | 8.36 | 11.84 | -6.66 |
Net earnings | -0.42 | -53.00 | 4.57 | -47.02 | -6.76 |
Shareholders equity total | 112.01 | 59.01 | 63.58 | 16.55 | 9.80 |
Balance sheet total (assets) | 246.81 | 193.78 | 212.79 | 251.79 | 16.03 |
Net debt | 53.88 | 72.07 | 36.22 | -27.16 | -16.03 |
Profitability | |||||
EBIT-% | |||||
ROA | 0.9 % | -29.8 % | 4.1 % | 5.1 % | -5.0 % |
ROE | -0.4 % | -62.0 % | 7.5 % | -117.4 % | -51.3 % |
ROI | 1.0 % | -35.3 % | 5.1 % | 8.1 % | -9.9 % |
Economic value added (EVA) | -1.49 | -54.60 | 4.93 | 8.59 | -0.72 |
Solvency | |||||
Equity ratio | 45.4 % | 30.5 % | 29.9 % | 6.6 % | 61.1 % |
Gearing | 88.8 % | 171.9 % | 162.7 % | 649.9 % | |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.0 | 0.7 | 0.9 | 0.7 | 2.6 |
Current ratio | 1.6 | 1.3 | 1.3 | 1.0 | 2.6 |
Cash and cash equivalents | 45.55 | 29.35 | 67.22 | 134.74 | 16.03 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BB | BB | BB | B |
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