Tåstrupvej 70 ApS — Credit Rating and Financial Key Figures

CVR number: 29532885
Suomisvej 1, 1927 Frederiksberg C
rr@toldbodens.dk
tel: 21243385

Credit rating

Company information

Official name
Tåstrupvej 70 ApS
Established
2006
Company form
Private limited company
Industry

About Tåstrupvej 70 ApS

Tåstrupvej 70 ApS (CVR number: 29532885) is a company from FREDERIKSBERG. The company reported a net sales of 0.3 mDKK in 2023, demonstrating a growth of 42.7 % compared to the previous year. The operating profit percentage was at 31.5 % (EBIT: 0.1 mDKK), while net earnings were 50.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.8 %, which can be considered weak but Return on Equity (ROE) was 8.1 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 27.8 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. Tåstrupvej 70 ApS's liquidity measured by quick ratio was 0.1 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales167.00166.00286.00196.00279.62
Gross profit82.00-3.00102.0013.00109.38
EBIT61.00-24.0081.00-8.0088.22
Net earnings24.00-34.0054.00-16.0050.21
Shareholders equity total203.00558.00612.00596.00646.61
Balance sheet total (assets)2 387.002 374.002 365.002 343.002 322.42
Net debt2 144.001 685.001 595.001 508.001 456.74
Profitability
EBIT-%36.5 %-14.5 %28.3 %-4.1 %31.5 %
ROA2.5 %-1.0 %3.4 %-0.3 %3.8 %
ROE12.6 %-8.9 %9.2 %-2.6 %8.1 %
ROI2.6 %-1.0 %3.6 %-0.4 %4.2 %
Economic value added (EVA)-51.41- 113.82-44.55- 111.92-33.97
Solvency
Equity ratio8.5 %23.5 %25.9 %25.4 %27.8 %
Gearing1057.6 %302.3 %262.3 %255.2 %227.1 %
Relative net indebtedness %1306.0 %1092.8 %609.4 %884.7 %595.0 %
Liquidity
Quick ratio0.00.10.10.10.1
Current ratio0.00.10.10.10.1
Cash and cash equivalents3.002.0010.0013.0011.96
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-284.4 %-121.7 %-77.3 %-138.3 %-71.8 %
Credit risk
Credit ratingABBBBBBBBBBBB

Variable visualization

ROA:3.78%
Rating: 39/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:27.8%
Rating: 25/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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