TAFFELBAY ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About TAFFELBAY ApS
TAFFELBAY ApS (CVR number: 20222271) is a company from GENTOFTE. The company recorded a gross profit of 11.9 mDKK in 2023. The operating profit was -525.2 kDKK, while net earnings were -487.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was -5 %, which can be considered poor and Return on Equity (ROE) was -7.8 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -43 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. TAFFELBAY 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2019 | 2020 | 2021 | 2022 | 2023 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 9 676.31 | 9 623.32 | 11 066.69 | 11 040.29 | 11 854.52 |
EBIT | - 321.62 | - 720.64 | - 434.80 | - 921.27 | - 525.25 |
Net earnings | - 341.54 | - 728.53 | - 444.48 | - 926.10 | - 487.07 |
Shareholders equity total | -1 982.07 | -2 710.60 | -3 155.08 | -4 081.18 | -4 568.26 |
Balance sheet total (assets) | 7 665.05 | 8 539.93 | 7 108.74 | 6 621.14 | 5 913.59 |
Net debt | 6 624.77 | 4 936.20 | 4 410.92 | 7 041.25 | 6 878.82 |
Profitability | |||||
EBIT-% | |||||
ROA | -3.5 % | -6.9 % | -4.0 % | -8.8 % | -5.0 % |
ROE | -4.7 % | -9.0 % | -5.7 % | -13.5 % | -7.8 % |
ROI | -4.5 % | -9.7 % | -6.5 % | -12.7 % | -6.3 % |
Economic value added (EVA) | - 209.04 | - 574.45 | - 179.92 | - 675.63 | - 211.17 |
Solvency | |||||
Equity ratio | -15.8 % | -20.4 % | -28.4 % | -36.9 % | -43.0 % |
Gearing | -381.0 % | -269.2 % | -193.4 % | -204.1 % | -181.9 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.5 | 0.7 | 0.5 | 0.7 | 0.8 |
Current ratio | 0.7 | 0.7 | 0.6 | 0.9 | 0.9 |
Cash and cash equivalents | 927.03 | 2 361.68 | 1 689.85 | 1 287.94 | 1 432.27 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BBB | BB | BBB | BB | BBB |
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