TJ Squared Holding ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About TJ Squared Holding ApS
TJ Squared Holding ApS (CVR number: 37694762) is a company from KØBENHAVN. The company recorded a gross profit of -26.9 kDKK in 2024. The operating profit was -26.9 kDKK, while net earnings were 11.5 mDKK. The profitability of the company measured by Return on Assets (ROA) was 42.7 %, which can be considered excellent and Return on Equity (ROE) was 55.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 74 %, 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. TJ Squared Holding ApS's liquidity measured by quick ratio was 1.2 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | 4 006.46 | ||||
Gross profit | 3 984.58 | -23.13 | -26.88 | -30.00 | -26.85 |
EBIT | 3 984.58 | -23.13 | -26.88 | -30.00 | -26.85 |
Net earnings | 3 953.69 | 282.08 | 1 763.95 | 3 058.71 | 11 453.20 |
Shareholders equity total | 12 504.03 | 19 889.40 | 14 653.36 | 17 712.07 | 23 267.46 |
Balance sheet total (assets) | 19 153.33 | 26 432.67 | 21 929.86 | 23 486.99 | 31 433.61 |
Net debt | 931.96 | 5 205.71 | -63.49 | 184.95 | - 178.27 |
Profitability | |||||
EBIT-% | 99.5 % | ||||
ROA | 20.8 % | 1.5 % | 7.8 % | 15.3 % | 42.7 % |
ROE | 31.6 % | 1.7 % | 10.2 % | 18.9 % | 55.9 % |
ROI | 25.3 % | 1.7 % | 9.5 % | 21.3 % | 56.9 % |
Economic value added (EVA) | 3 120.45 | - 721.01 | -1 292.77 | - 762.64 | - 918.80 |
Solvency | |||||
Equity ratio | 65.3 % | 75.2 % | 66.8 % | 75.4 % | 74.0 % |
Gearing | 11.8 % | 27.2 % | 1.1 % | ||
Relative net indebtedness % | 152.3 % | ||||
Liquidity | |||||
Quick ratio | 0.3 | 0.2 | 0.3 | 1.4 | 1.2 |
Current ratio | 0.3 | 0.2 | 0.3 | 1.4 | 1.2 |
Cash and cash equivalents | 548.19 | 195.02 | 63.49 | 8.20 | 178.27 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | -119.9 % | ||||
Credit risk | |||||
Credit rating | AA | A | A | A | A |
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