T42 Esbjerg ApS — Credit Rating and Financial Key Figures

CVR number: 29398992
Willemoesgade 2, 6700 Esbjerg

Credit rating

Company information

Official name
T42 Esbjerg ApS
Established
2006
Company form
Private limited company
Industry

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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit302.361 277.261 203.401 424.261 506.83
EBIT400.921 256.222 797.10-2 421.801 687.83
Net earnings1 830.252 385.355 311.76-3 210.08-5 157.30
Shareholders equity total984.223 447.318 963.176 225.371 068.08
Balance sheet total (assets)49 270.0445 733.8945 467.6654 415.0550 464.38
Net debt42 306.9839 439.9132 999.1545 805.5947 754.07
Profitability
EBIT-%
ROA7.3 %7.9 %14.2 %-5.8 %-6.9 %
ROE12.9 %107.7 %85.6 %-42.3 %-141.4 %
ROI9.3 %8.5 %14.8 %-6.0 %-7.0 %
Economic value added (EVA)173.55981.401 127.67-2 790.97968.52
Solvency
Equity ratio34.1 %42.4 %44.5 %58.5 %49.1 %
Gearing4317.1 %1145.2 %370.3 %740.7 %4471.0 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.20.30.69.4
Current ratio0.20.20.30.58.6
Cash and cash equivalents182.6538.93193.08306.73
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingABBBABBBBBB

Variable visualization

ROA:-6.86%
Rating: 13/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:49.1%
Rating: 39/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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