TESA A/S
Credit rating
Company information
About TESA A/S
TESA A/S (CVR number: 27225446) is a company from ALLERØD. The company recorded a gross profit of 35.5 mDKK in 2023. The operating profit was 2875 kDKK, while net earnings were 2804 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.8 %, which can be considered decent but Return on Equity (ROE) was 8.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 58.7 %, 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. TESA A/S's liquidity measured by quick ratio was 2.4 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 financialsNet sales (mDKK)
EBIT (mDKK)
Profitability
Solidity
Key figures (mDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 22.14 | 25.13 | 32.66 | ||
Gross profit | 49.38 | 32.27 | 33.11 | 31.88 | 35.52 |
EBIT | 20.56 | 3.75 | -0.23 | 3.00 | 2.88 |
Net earnings | 18.69 | 2.72 | -0.82 | 2.49 | 2.80 |
Shareholders equity total | 49.62 | 33.65 | 30.11 | 32.60 | 35.41 |
Balance sheet total (assets) | 77.90 | 72.21 | 62.32 | 60.63 | 59.51 |
Net debt | 11.15 | 16.58 | 15.37 | 13.58 | 2.03 |
Profitability | |||||
EBIT-% | 92.8 % | 14.9 % | -0.7 % | ||
ROA | 29.8 % | 5.7 % | -0.1 % | 5.2 % | 5.8 % |
ROE | 45.4 % | 6.5 % | -2.6 % | 8.0 % | 8.2 % |
ROI | 37.3 % | 6.9 % | -0.2 % | 5.9 % | 6.3 % |
Economic value added (EVA) | 17.24 | 0.52 | -1.81 | 1.16 | 1.13 |
Solvency | |||||
Equity ratio | 63.7 % | 46.6 % | 48.3 % | 51.8 % | 58.7 % |
Gearing | 26.2 % | 59.1 % | 58.3 % | 68.8 % | 51.6 % |
Relative net indebtedness % | 119.4 % | 140.2 % | 91.9 % | ||
Liquidity | |||||
Quick ratio | 2.8 | 2.1 | 2.0 | 2.2 | 2.4 |
Current ratio | 2.8 | 2.1 | 2.0 | 2.2 | 2.4 |
Cash and cash equivalents | 1.83 | 3.32 | 2.18 | 8.84 | 16.25 |
Capital use efficiency | |||||
Trade debtors turnover (days) | 290.3 | 292.4 | 195.5 | ||
Net working capital % | 220.2 % | 134.2 % | 86.0 % | ||
Credit risk | |||||
Credit rating | AA | AA | A | A | A |
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