TQI NORDIC ApS — Credit Rating and Financial Key Figures

CVR number: 30072561
Navervej 2, Snoghøj 7000 Fredericia
tel: 76250205

Credit rating

Company information

Official name
TQI NORDIC ApS
Personnel
3 persons
Established
2006
Domicile
Snoghøj
Company form
Private limited company
Industry
  • Expand more icon46Wholesale trade, except of motor vehicles and motorcycles

About TQI NORDIC ApS

TQI NORDIC ApS (CVR number: 30072561) is a company from FREDERICIA. The company recorded a gross profit of 2462 kDKK in 2023. The operating profit was 695.5 kDKK, while net earnings were 411.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 17.6 %, which can be considered excellent but Return on Equity (ROE) was 14.4 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 64.9 %, 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. TQI NORDIC ApS's liquidity measured by quick ratio was 0.8 which is at a low level. Thus, the company may face difficulties in addressing its short-term obligations with its available liquid assets.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit1 166.502 394.752 702.393 128.852 462.01
EBIT203.28728.25868.10635.30695.46
Net earnings378.85378.07585.74745.04411.43
Shareholders equity total2 457.852 635.922 721.652 966.692 733.12
Balance sheet total (assets)5 819.986 420.824 761.564 483.934 210.26
Net debt2 939.551 872.15- 185.54-52.87- 370.67
Profitability
EBIT-%
ROA13.3 %12.3 %16.8 %23.8 %17.6 %
ROE16.0 %14.8 %21.9 %26.2 %14.4 %
ROI14.4 %15.2 %23.2 %33.5 %26.6 %
Economic value added (EVA)26.18386.56511.25396.64371.69
Solvency
Equity ratio43.0 %41.1 %57.2 %66.2 %64.9 %
Gearing119.8 %71.1 %31.5 %
Relative net indebtedness %
Liquidity
Quick ratio0.20.20.70.60.8
Current ratio0.30.41.11.51.3
Cash and cash equivalents3.881.051 043.9952.87370.67
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAAAA

Variable visualization

ROA:17.6%
Rating: 70/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:64.9%
Rating: 50/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Companies in the same industry

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