TG. Service ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About TG. Service ApS
TG. Service ApS (CVR number: 41661445) is a company from ÆRØ. The company reported a net sales of 1 mDKK in 2023, demonstrating a growth of 89 % compared to the previous year. The operating profit percentage was at 1.2 % (EBIT: 0 mDKK), while net earnings were 9.4 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.8 %, which can be considered weak and Return on Equity (ROE) was 4 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 76.7 %, 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. TG. Service ApS's liquidity measured by quick ratio was 4 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 financialsNet sales (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2021 | 2022 | 2023 | |
---|---|---|---|
Volume | |||
Net sales | 294.03 | 529.36 | 1 000.28 |
Gross profit | 42.37 | 401.24 | 645.96 |
EBIT | 24.88 | 167.44 | 12.22 |
Net earnings | 19.41 | 130.53 | 9.40 |
Shareholders equity total | 64.88 | 232.22 | 238.39 |
Balance sheet total (assets) | 90.82 | 330.21 | 310.62 |
Net debt | -43.27 | - 214.81 | -95.69 |
Profitability | |||
EBIT-% | 8.5 % | 31.6 % | 1.2 % |
ROA | 27.4 % | 79.5 % | 3.8 % |
ROE | 29.9 % | 87.9 % | 4.0 % |
ROI | 38.3 % | 110.4 % | 5.1 % |
Economic value added (EVA) | 19.41 | 129.52 | 8.96 |
Solvency | |||
Equity ratio | 71.4 % | 70.3 % | 76.7 % |
Gearing | 2.7 % | 0.3 % | |
Relative net indebtedness % | -5.9 % | -23.2 % | -2.4 % |
Liquidity | |||
Quick ratio | 2.6 | 3.1 | 4.0 |
Current ratio | 2.6 | 3.1 | 4.0 |
Cash and cash equivalents | 43.27 | 220.96 | 96.35 |
Capital use efficiency | |||
Trade debtors turnover (days) | 30.6 | 59.5 | 51.3 |
Net working capital % | 14.3 % | 39.5 % | 21.5 % |
Credit risk | |||
Credit rating | BB | BB | BBB |
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