TEXAS OIL INVEST A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About TEXAS OIL INVEST A/S
TEXAS OIL INVEST A/S (CVR number: 30571029) is a company from FAVRSKOV. The company recorded a gross profit of -7.5 kDKK in 2024. The operating profit was -7.5 kDKK, while net earnings were -7.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was -30.3 %, which can be considered poor and Return on Equity (ROE) was -53.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 47.8 %, 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. TEXAS OIL INVEST A/S's liquidity measured by quick ratio was 1.9 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -6.23 | -5.13 | -11.79 | -7.38 | -7.50 |
EBIT | -95.02 | -93.91 | - 100.58 | -29.50 | -7.50 |
Net earnings | -95.94 | -93.93 | - 100.50 | -29.62 | -7.50 |
Shareholders equity total | 241.84 | 147.92 | 47.42 | 17.80 | 10.30 |
Balance sheet total (assets) | 246.97 | 153.04 | 54.45 | 26.91 | 21.56 |
Net debt | -43.25 | -37.96 | -30.67 | -23.18 | -15.68 |
Profitability | |||||
EBIT-% | |||||
ROA | -31.6 % | -46.9 % | -96.8 % | -72.5 % | -30.3 % |
ROE | -33.1 % | -48.2 % | -102.9 % | -90.8 % | -53.3 % |
ROI | -32.8 % | -48.1 % | -101.9 % | -83.6 % | -39.0 % |
Economic value added (EVA) | - 108.67 | - 103.89 | - 106.10 | -30.26 | -7.04 |
Solvency | |||||
Equity ratio | 97.9 % | 96.7 % | 87.1 % | 66.2 % | 47.8 % |
Gearing | 3.5 % | 21.0 % | 57.1 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 8.4 | 7.4 | 4.6 | 3.0 | 1.9 |
Current ratio | 8.4 | 7.4 | 4.6 | 3.0 | 1.9 |
Cash and cash equivalents | 43.25 | 37.96 | 32.33 | 26.91 | 21.56 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | B | B | B |
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