TJ Squared Holding ApS — Credit Rating and Financial Key Figures

CVR number: 37694762
Raffinaderivej 8, 2300 København S

Company information

Official name
TJ Squared Holding ApS
Established
2016
Company form
Private limited company
Industry

About TJ Squared Holding ApS

TJ Squared Holding ApS (CVR number: 37694762) is a company from KØBENHAVN. The company recorded a gross profit of -30 kDKK in 2023. The operating profit was -30 kDKK, while net earnings were 3058.7 kDKK. The profitability of the company measured by Return on Assets (ROA) was 15.3 %, which can be considered excellent and Return on Equity (ROE) was 18.9 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 75.4 %, 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 1.4 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales2 486.404 006.46
Gross profit2 464.903 984.58-23.13-26.88-30.00
EBIT2 464.903 984.58-23.13-26.88-30.00
Net earnings2 434.923 953.69282.081 763.953 058.71
Shareholders equity total12 550.3512 504.0319 889.4014 653.3617 712.07
Balance sheet total (assets)19 098.2919 153.3326 432.6721 929.8623 486.99
Net debt4 206.55931.965 205.71-63.49184.95
Profitability
EBIT-%99.1 %99.5 %
ROA9.4 %20.8 %1.5 %7.8 %15.3 %
ROE12.9 %31.6 %1.7 %10.2 %18.9 %
ROI9.8 %25.3 %1.7 %9.5 %21.3 %
Economic value added (EVA)2 636.074 476.70695.52878.67548.76
Solvency
Equity ratio65.7 %65.3 %75.2 %66.8 %75.4 %
Gearing39.5 %11.8 %27.2 %1.1 %
Relative net indebtedness %233.3 %152.3 %
Liquidity
Quick ratio0.40.30.20.31.4
Current ratio0.40.30.20.31.4
Cash and cash equivalents746.13548.19195.0263.498.20
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-156.7 %-119.9 %
Credit risk
Credit ratingAAAAAAA

Variable visualization

ROA:15.3%
Rating: 67/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:75.4%
Rating: 56/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer
Chief executive officer

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