T42 Esbjerg ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About T42 Esbjerg ApS
T42 Esbjerg ApS (CVR number: 29398992) is a company from ESBJERG. The company recorded a gross profit of 1506.8 kDKK in 2023. The operating profit was 1687.8 kDKK, while net earnings were -5157.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was -6.9 %, which can be considered poor and Return on Equity (ROE) was -141.4 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 49.1 %, 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. T42 Esbjerg ApS's liquidity measured by quick ratio was 9.4 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 302.36 | 1 277.26 | 1 203.40 | 1 424.26 | 1 506.83 |
EBIT | 400.92 | 1 256.22 | 2 797.10 | -2 421.80 | 1 687.83 |
Net earnings | 1 830.25 | 2 385.35 | 5 311.76 | -3 210.08 | -5 157.30 |
Shareholders equity total | 984.22 | 3 447.31 | 8 963.17 | 6 225.37 | 1 068.08 |
Balance sheet total (assets) | 49 270.04 | 45 733.89 | 45 467.66 | 54 415.05 | 50 464.38 |
Net debt | 42 306.98 | 39 439.91 | 32 999.15 | 45 805.59 | 47 754.07 |
Profitability | |||||
EBIT-% | |||||
ROA | 7.3 % | 7.9 % | 14.2 % | -5.8 % | -6.9 % |
ROE | 12.9 % | 107.7 % | 85.6 % | -42.3 % | -141.4 % |
ROI | 9.3 % | 8.5 % | 14.8 % | -6.0 % | -7.0 % |
Economic value added (EVA) | 173.55 | 981.40 | 1 127.67 | -2 790.97 | 968.52 |
Solvency | |||||
Equity ratio | 34.1 % | 42.4 % | 44.5 % | 58.5 % | 49.1 % |
Gearing | 4317.1 % | 1145.2 % | 370.3 % | 740.7 % | 4471.0 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.2 | 0.2 | 0.3 | 0.6 | 9.4 |
Current ratio | 0.2 | 0.2 | 0.3 | 0.5 | 8.6 |
Cash and cash equivalents | 182.65 | 38.93 | 193.08 | 306.73 | |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | BBB | A | BBB | BBB |
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