TC DANMARK HOLDING A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About TC DANMARK HOLDING A/S
TC DANMARK HOLDING A/S (CVR number: 28870671) is a company from VEJLE. The company recorded a gross profit of 639.5 kDKK in 2024. The operating profit was -476.4 kDKK, while net earnings were 4341.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 3.5 %, which can be considered weak and Return on Equity (ROE) was 3.1 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 99.4 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. TC DANMARK HOLDING A/S's liquidity measured by quick ratio was 60.9 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | - 453.46 | - 375.85 | - 379.66 | - 220.33 | 639.51 |
EBIT | - 836.66 | - 710.75 | - 956.87 | - 910.27 | - 476.38 |
Net earnings | 14 665.99 | 3 597.37 | -6 681.21 | 4 733.96 | 4 341.07 |
Shareholders equity total | 142 565.48 | 145 162.85 | 137 481.64 | 141 215.60 | 142 556.67 |
Balance sheet total (assets) | 145 075.57 | 145 267.20 | 138 099.84 | 142 051.22 | 143 473.19 |
Net debt | - 107 030.34 | -95 607.04 | -87 241.86 | -59 648.32 | -45 393.58 |
Profitability | |||||
EBIT-% | |||||
ROA | 12.6 % | 3.1 % | 1.0 % | 3.8 % | 3.5 % |
ROE | 10.6 % | 2.5 % | -4.7 % | 3.4 % | 3.1 % |
ROI | 12.7 % | 3.1 % | 1.0 % | 3.8 % | 3.6 % |
Economic value added (EVA) | -7 389.36 | -7 763.77 | -8 251.30 | -7 820.68 | -7 506.74 |
Solvency | |||||
Equity ratio | 98.3 % | 99.9 % | 99.6 % | 99.5 % | 99.4 % |
Gearing | 0.0 % | 0.0 % | 0.0 % | ||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 42.7 | 973.4 | 142.2 | 86.2 | 60.9 |
Current ratio | 42.7 | 973.4 | 142.2 | 75.6 | 63.1 |
Cash and cash equivalents | 107 030.34 | 95 607.04 | 87 280.74 | 59 686.28 | 45 411.23 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | A | A | A | A | A |
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