TaxCompany K/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About TaxCompany K/S
TaxCompany K/S (CVR number: 38680951) is a company from KØBENHAVN. The company reported a net sales of 5.9 mDKK in 2024, demonstrating a decline of -16.1 % compared to the previous year. The operating profit percentage was at 4 % (EBIT: 0.2 mDKK), while net earnings were 239.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.6 %, which can be considered decent but Return on Equity (ROE) was 15.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 43.6 %, 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. TaxCompany K/S's liquidity measured by quick ratio was 0.7 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.
Financial information
See financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 6 984.96 | 6 986.41 | 6 991.43 | 6 980.45 | 5 858.04 |
Gross profit | 5 564.49 | 5 511.81 | 5 474.26 | 5 404.27 | 4 178.73 |
EBIT | 51.77 | 269.13 | 284.70 | 264.72 | 236.39 |
Net earnings | 50.84 | 242.96 | 274.61 | 259.23 | 239.44 |
Shareholders equity total | 687.01 | 929.97 | 1 204.57 | 1 463.80 | 1 703.24 |
Balance sheet total (assets) | 8 067.17 | 9 017.11 | 9 314.45 | 4 631.92 | 3 906.88 |
Net debt | - 959.03 | - 751.82 | -1 671.61 | - 393.71 | - 200.58 |
Profitability | |||||
EBIT-% | 0.7 % | 3.9 % | 4.1 % | 3.8 % | 4.0 % |
ROA | 0.7 % | 3.2 % | 3.1 % | 3.8 % | 5.6 % |
ROE | 7.7 % | 30.1 % | 25.7 % | 19.4 % | 15.1 % |
ROI | 8.4 % | 33.3 % | 26.7 % | 19.8 % | 15.1 % |
Economic value added (EVA) | 19.80 | 234.60 | 237.97 | 204.19 | 162.84 |
Solvency | |||||
Equity ratio | 8.5 % | 10.3 % | 12.9 % | 31.6 % | 43.6 % |
Gearing | |||||
Relative net indebtedness % | 91.9 % | 105.0 % | 92.1 % | 39.7 % | 34.2 % |
Liquidity | |||||
Quick ratio | 0.3 | 0.5 | 0.6 | 0.4 | 0.7 |
Current ratio | 0.3 | 0.5 | 0.6 | 0.4 | 0.7 |
Cash and cash equivalents | 959.03 | 751.82 | 1 671.61 | 393.71 | 200.58 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 64.1 | 169.1 | 180.8 | 47.6 | 76.5 |
Net working capital % | -74.0 % | -58.3 % | -42.1 % | -26.3 % | -12.7 % |
Credit risk | |||||
Credit rating | BBB | BBB | BBB | BBB | BBB |
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