TMT EJENDOM ApS — Credit Rating and Financial Key Figures

CVR number: 87560511
Kochsgade 5, 5000 Odense C
k5taxspc@gmail.com
tel: 66124036

Credit rating

Company information

Official name
TMT EJENDOM ApS
Established
1978
Company form
Private limited company
Industry

About TMT EJENDOM ApS

TMT EJENDOM ApS (CVR number: 87560511) is a company from ODENSE. The company recorded a gross profit of 120.6 kDKK in 2023. The operating profit was 107 kDKK, while net earnings were 59.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 4.1 %, which can be considered decent but Return on Equity (ROE) was 3.2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 72.6 %, 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. TMT EJENDOM ApS's liquidity measured by quick ratio was 0.9 which is at a modest level. Thus, the company's liquid assets are in relative balance with its short-term liabilities, indicating a moderate liquidity position. While it's likely to meet its current obligations, financial flexibility may be constrained, and unexpected costs could pose challenges.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales150.1699.47
Gross profit150.1699.47142.45138.06120.55
EBIT136.6185.92128.90124.51107.00
Net earnings101.8555.0685.3783.6259.52
Shareholders equity total1 608.991 664.111 754.051 837.671 897.19
Balance sheet total (assets)2 646.282 682.112 646.252 635.412 613.60
Net debt649.98530.82507.59465.50523.43
Profitability
EBIT-%91.0 %86.4 %
ROA5.0 %3.2 %4.8 %4.7 %4.1 %
ROE6.2 %3.4 %5.0 %4.7 %3.2 %
ROI5.5 %3.6 %5.3 %5.0 %4.2 %
Economic value added (EVA)7.30-44.72-11.99-18.29-30.43
Solvency
Equity ratio60.8 %62.0 %66.3 %69.7 %72.6 %
Gearing42.5 %38.8 %34.6 %30.9 %28.4 %
Relative net indebtedness %596.7 %800.7 %
Liquidity
Quick ratio0.30.40.50.60.9
Current ratio0.30.40.50.60.9
Cash and cash equivalents34.48114.5899.07102.3214.60
Capital use efficiency
Trade debtors turnover (days)
Net working capital %-139.0 %-180.4 %
Credit risk
Credit ratingAABBBBBBBBB

Variable visualization

ROA:4.08%
Rating: 40/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:72.6%
Rating: 55/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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