TG. Service ApS — Credit Rating and Financial Key Figures

CVR number: 41661445
Nevadasmindevej 2, 5970 Ærøskøbing
tgservice@outlook.dk
tel: 41101644

Credit rating

Company information

Official name
TG. Service ApS
Personnel
5 persons
Established
2020
Company form
Private limited company
Industry

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 financials

Net sales (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2021
2022
2023
Volume
Net sales294.03529.361 000.28
Gross profit42.37401.24645.96
EBIT24.88167.4412.22
Net earnings19.41130.539.40
Shareholders equity total64.88232.22238.39
Balance sheet total (assets)90.82330.21310.62
Net debt-43.27- 214.81-95.69
Profitability
EBIT-%8.5 %31.6 %1.2 %
ROA27.4 %79.5 %3.8 %
ROE29.9 %87.9 %4.0 %
ROI38.3 %110.4 %5.1 %
Economic value added (EVA)19.41129.528.96
Solvency
Equity ratio71.4 %70.3 %76.7 %
Gearing2.7 %0.3 %
Relative net indebtedness %-5.9 %-23.2 %-2.4 %
Liquidity
Quick ratio2.63.14.0
Current ratio2.63.14.0
Cash and cash equivalents43.27220.9696.35
Capital use efficiency
Trade debtors turnover (days)30.659.551.3
Net working capital %14.3 %39.5 %21.5 %
Credit risk
Credit ratingBBBBBBB

Variable visualization

ROA:3.81%
Rating: 39/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:76.7%
Rating: 57/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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