TS MILLING ApS

CVR number: 35141464
Nybodalen 2, 7500 Holstebro
ts@tsmilling.dk
tel: 50708428

Credit rating

Company information

Official name
TS MILLING ApS
Personnel
4 persons
Established
2013
Company form
Private limited company
Industry
  • Expand more icon28Manufacture of machinery and equipment n.e.c.

About the company

TS MILLING ApS (CVR number: 35141464) is a company from HOLSTEBRO. The company recorded a gross profit of 1139.9 kDKK in 2023. The operating profit was 943.5 kDKK, while net earnings were 680.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was 13.6 %, which can be considered good but Return on Equity (ROE) was 15.8 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 54.4 %, a level that can be considered to be modest. This means a balanced mix of debt and equity financing its assets—a typical operational level for many companies. TS MILLING ApS's liquidity measured by quick ratio was 0.5 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 financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
20192020202120222023
Volume
Net sales
Gross profit1 495.272 077.222 682.681 462.001 139.95
EBIT1 339.211 910.262 470.101 248.67943.54
Net earnings985.071 433.311 873.57950.17680.17
Shareholders equity total1 501.032 134.343 007.913 958.074 638.24
Balance sheet total (assets)4 975.025 546.636 539.845 465.868 533.04
Net debt426.99- 358.53-1 131.79-2 074.931 232.47
Profitability
EBIT-%
ROA27.3 %36.3 %40.9 %20.8 %13.6 %
ROE69.9 %78.9 %72.9 %27.3 %15.8 %
ROI32.1 %45.4 %51.5 %24.9 %17.2 %
Economic value added (EVA)996.441 444.281 887.42948.86670.22
Solvency
Equity ratio30.5 %38.5 %46.0 %72.4 %54.4 %
Gearing69.9 %46.0 %45.2 %14.2 %26.6 %
Relative net indebtedness %
Liquidity
Quick ratio0.91.11.32.60.5
Current ratio0.81.11.42.60.5
Cash and cash equivalents621.961 340.752 490.782 636.40
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBAABBB

Variable visualization

ROA:13.6%
Rating: 64/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:54.4%
Rating: 43/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

Companies in the same industry

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