TF Formueadministration ApS — Credit Rating and Financial Key Figures

CVR number: 27523757
Helligbæk 37, Dybbøl 6400 Sønderborg
tfbyggeforretning@mail.dk
tel: 74486255

Credit rating

Company information

Official name
TF Formueadministration ApS
Established
2006
Domicile
Dybbøl
Company form
Private limited company
Industry

About TF Formueadministration ApS

TF Formueadministration ApS (CVR number: 27523757) is a company from SØNDERBORG. The company recorded a gross profit of -14.3 kDKK in 2023. The operating profit was -14.3 kDKK, while net earnings were 0.3 kDKK. The profitability of the company measured by Return on Assets (ROA) was 5.6 %, which can be considered decent but Return on Equity (ROE) was 0.2 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 18.9 %, a level that can be considered to be very low. This means the company is highly leveraged, with most assets financed through debt. This high level of financial risk could pose challenges in periods of financial distress or rising interest rates. TF Formueadministration ApS's liquidity measured by quick ratio was 1.2 which is at a high level. Thus, the company is in a strong financial position, with liquid assets surpassing current liabilities. It is well-prepared to cover short-term financial obligations.

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-13.13-14.80-14.02-18.49-14.31
EBIT-13.13-14.80-14.02-18.49-14.31
Net earnings92.8921.0157.63- 190.750.35
Shareholders equity total610.37520.78465.41160.45160.80
Balance sheet total (assets)882.82923.431 018.24828.34849.86
Net debt- 629.05- 555.07- 506.39- 174.50- 169.83
Profitability
EBIT-%
ROA12.3 %4.5 %9.8 %5.2 %5.6 %
ROE15.0 %3.7 %11.7 %-61.0 %0.2 %
ROI12.6 %4.7 %10.2 %5.4 %5.7 %
Economic value added (EVA)-3.262.069.319.2918.51
Solvency
Equity ratio69.1 %56.4 %45.7 %19.4 %18.9 %
Gearing41.3 %70.7 %110.0 %398.4 %417.9 %
Relative net indebtedness %
Liquidity
Quick ratio3.22.31.81.21.2
Current ratio3.22.31.81.21.2
Cash and cash equivalents881.24923.431 018.24813.72841.79
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:5.59%
Rating: 45/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:18.9%
Rating: 18/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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