Tvaerskovdesign ApS
Credit rating
Company information
About Tvaerskovdesign ApS
Tvaerskovdesign ApS (CVR number: 17885537) is a company from NORDFYNS. The company recorded a gross profit of 571.9 kDKK in 2023. The operating profit was -17.6 kDKK, while net earnings were -26.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was -5.5 %, which can be considered poor and Return on Equity (ROE) was -14.2 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 54.9 %, 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. Tvaerskovdesign ApS's liquidity measured by quick ratio was 2.1 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 693.00 | 606.00 | 732.00 | 647.00 | 571.88 |
EBIT | - 123.00 | -31.00 | 74.00 | 13.00 | -17.63 |
Net earnings | - 135.00 | -40.00 | 92.00 | -14.00 | -26.37 |
Shareholders equity total | 161.00 | 121.00 | 213.00 | 199.00 | 172.29 |
Balance sheet total (assets) | 388.00 | 421.00 | 370.00 | 324.00 | 313.72 |
Net debt | -27.00 | - 103.00 | - 140.00 | -50.00 | -86.12 |
Profitability | |||||
EBIT-% | |||||
ROA | -23.5 % | -7.7 % | 18.7 % | 3.7 % | -5.5 % |
ROE | -59.1 % | -28.4 % | 55.1 % | -6.8 % | -14.2 % |
ROI | -53.8 % | -22.0 % | 44.3 % | 6.3 % | -9.5 % |
Economic value added (EVA) | - 149.47 | -46.73 | 92.36 | 5.56 | -31.55 |
Solvency | |||||
Equity ratio | 41.5 % | 28.7 % | 57.6 % | 61.4 % | 54.9 % |
Gearing | |||||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 1.7 | 1.4 | 2.4 | 2.2 | 2.1 |
Current ratio | 1.7 | 1.4 | 2.4 | 2.6 | 2.2 |
Cash and cash equivalents | 27.00 | 103.00 | 140.00 | 50.00 | 86.12 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | B | BB | BB | B |
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