Denmark Terracotta Owner ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About Denmark Terracotta Owner ApS
Denmark Terracotta Owner ApS (CVR number: 13895090) is a company from FREDERIKSBERG. The company recorded a gross profit of 2060.6 kDKK in 2023. The operating profit was 5752.2 kDKK, while net earnings were 3615.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 8.7 %, which can be considered good but Return on Equity (ROE) was 7.4 %, which can be considered decent. The equity ratio, a key indicator for solidity, stood at 71.2 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. Denmark Terracotta Owner ApS's liquidity measured by quick ratio was 1.3 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.
Financial information
See financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 2 662.00 | 3 344.00 | 3 334.65 | 3 357.15 | 2 060.63 |
EBIT | 2 101.00 | 3 344.00 | 24 017.86 | 3 666.78 | 5 752.19 |
Net earnings | 1 971.00 | 4 021.00 | 23 268.81 | 5 127.23 | 3 615.29 |
Shareholders equity total | 65 709.00 | 69 091.00 | 92 360.08 | 47 239.42 | 50 854.71 |
Balance sheet total (assets) | 90 171.00 | 92 199.00 | 113 531.23 | 73 262.00 | 71 406.91 |
Net debt | 20 103.00 | 15 896.00 | 13 836.88 | 20 851.62 | 15 182.02 |
Profitability | |||||
EBIT-% | |||||
ROA | 3.5 % | 4.8 % | 24.4 % | 4.5 % | 8.7 % |
ROE | 3.0 % | 6.0 % | 28.8 % | 7.3 % | 7.4 % |
ROI | 3.6 % | 4.9 % | 24.8 % | 4.5 % | 8.9 % |
Economic value added (EVA) | -2 781.45 | 112.38 | 18 418.75 | -1 894.96 | 1 063.64 |
Solvency | |||||
Equity ratio | 72.9 % | 74.9 % | 81.4 % | 64.5 % | 71.2 % |
Gearing | 32.6 % | 27.1 % | 18.1 % | 46.0 % | 31.2 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 12.0 | 10.2 | 2.8 | 2.7 | 1.3 |
Current ratio | 12.0 | 10.2 | 2.8 | 2.7 | 1.3 |
Cash and cash equivalents | 1 350.00 | 2 808.00 | 2 840.31 | 884.80 | 701.40 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | AA | AA | AA | AA | AA |
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