TEAM FREIGHT A/S
Credit rating
Company information
About TEAM FREIGHT A/S
TEAM FREIGHT A/S (CVR number: 25080742) is a company from ESBJERG. The company recorded a gross profit of 6386.4 kDKK in 2023. The operating profit was -1040.2 kDKK, while net earnings were -991.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was -10.5 %, which can be considered poor and Return on Equity (ROE) was -17.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 53.9 %, 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. TEAM FREIGHT A/S's liquidity measured by quick ratio was 2.2 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 | 6 641.83 | 6 267.10 | 7 745.95 | 9 203.24 | 6 386.39 |
EBIT | 1 217.99 | 569.97 | 1 998.42 | 2 374.98 | -1 040.17 |
Net earnings | 871.97 | 357.01 | 1 566.03 | 1 885.81 | - 991.66 |
Shareholders equity total | 2 374.78 | 2 731.79 | 4 297.82 | 6 183.63 | 5 191.97 |
Balance sheet total (assets) | 7 733.09 | 9 236.43 | 8 885.95 | 10 066.59 | 9 631.66 |
Net debt | -2 410.04 | -2 287.18 | -1 770.93 | -4 474.94 | -3 034.36 |
Profitability | |||||
EBIT-% | |||||
ROA | 16.4 % | 6.7 % | 23.0 % | 26.4 % | -10.5 % |
ROE | 39.7 % | 14.0 % | 44.6 % | 36.0 % | -17.4 % |
ROI | 53.4 % | 20.0 % | 52.7 % | 44.9 % | -17.8 % |
Economic value added (EVA) | 913.86 | 433.71 | 1 533.12 | 1 718.73 | - 916.21 |
Solvency | |||||
Equity ratio | 31.8 % | 30.5 % | 48.4 % | 63.0 % | 53.9 % |
Gearing | 3.6 % | ||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.5 | 1.6 | 2.1 | 2.9 | 2.2 |
Current ratio | 1.5 | 1.5 | 2.1 | 2.7 | 2.2 |
Cash and cash equivalents | 2 410.04 | 2 287.18 | 1 770.93 | 4 697.53 | 3 034.36 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BB | BBB | A | BB |
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