TK Elevator Denmark A/S — Credit Rating and Financial Key Figures

CVR number: 15271728
Erhvervsvej 4, 2600 Glostrup
info.tkedk@tkelevator.com
tel: 38140807

Credit rating

Company information

Official name
TK Elevator Denmark A/S
Personnel
190 persons
Established
1959
Company form
Limited company
Industry

About TK Elevator Denmark A/S

TK Elevator Denmark A/S (CVR number: 15271728) is a company from GLOSTRUP. The company recorded a gross profit of 153.2 mDKK in 2024. The operating profit was 6769 kDKK, while net earnings were 5642 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6 %, which can be considered decent but Return on Equity (ROE) was 11.2 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 47.9 %, 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. TK Elevator Denmark A/S's liquidity measured by quick ratio was 1.6 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2020
2021
2022
2023
2024
Volume
Net sales
Gross profit112 563.00129 747.00142 145.00144 682.00153 240.00
EBIT13 030.0013 800.0018 295.009 703.006 769.00
Net earnings10 071.0010 851.0014 282.008 245.005 642.00
Shareholders equity total53 561.0054 341.0057 772.0051 735.0049 132.00
Balance sheet total (assets)126 975.00110 718.00123 897.00127 947.00116 987.00
Net debt-10 755.00- 601.00
Profitability
EBIT-%
ROA10.3 %11.6 %15.6 %8.5 %6.0 %
ROE18.8 %20.1 %25.5 %15.1 %11.2 %
ROI10.3 %11.6 %15.6 %11.6 %12.9 %
Economic value added (EVA)13 030.0011 108.5615 564.364 605.293 324.62
Solvency
Equity ratio100.0 %100.0 %100.0 %46.6 %47.9 %
Gearing1.3 %1.6 %
Relative net indebtedness %
Liquidity
Quick ratio2.01.6
Current ratio1.91.7
Cash and cash equivalents11 407.001 390.00
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBBBBB

Variable visualization

ROA:5.98%
Rating: 46/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:47.9%
Rating: 39/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Board member
Board member
Chairman of the board

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