TC DANMARK HOLDING A/S — Credit Rating and Financial Key Figures

CVR number: 28870671
Rosenvænget 4, 7120 Vejle Øst

Company information

Official name
TC DANMARK HOLDING A/S
Personnel
1 person
Established
2005
Company form
Limited company
Industry

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 -220.3 kDKK in 2023. The operating profit was -910.3 kDKK, while net earnings were 4734 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 3.4 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 99.5 %, 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 101.1 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

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2019
2020
2021
2022
2023
Volume
Net sales
Gross profit- 635.34- 453.46- 375.85- 379.66- 220.33
EBIT- 635.34- 836.66- 710.75- 956.87- 910.27
Net earnings31 852.5614 665.993 597.37-6 681.214 733.96
Shareholders equity total132 899.49142 565.48145 162.85137 481.64141 215.60
Balance sheet total (assets)132 925.11145 075.57145 267.20138 099.84142 051.22
Net debt-85 703.46- 107 030.34-95 607.04-87 241.86-59 648.32
Profitability
EBIT-%
ROA26.5 %12.6 %3.1 %1.0 %3.8 %
ROE26.3 %10.6 %2.5 %-4.7 %3.4 %
ROI26.5 %12.7 %3.1 %1.0 %3.8 %
Economic value added (EVA)1 949.19-3 079.95-2 085.35-3 125.04-3 110.00
Solvency
Equity ratio100.0 %98.3 %99.9 %99.6 %99.5 %
Gearing0.0 %0.0 %0.0 %
Relative net indebtedness %
Liquidity
Quick ratio4 922.642.7973.4142.2101.1
Current ratio4 922.642.7973.4142.286.5
Cash and cash equivalents85 721.46107 030.3495 607.0487 280.7459 686.28
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBAAAAAAA

Variable visualization

ROA:3.81%
Rating: 39/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:99.5%
Rating: 92/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

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