TG-Clean A/S — Credit Rating and Financial Key Figures
Credit rating
Company information
About TG-Clean A/S
TG-Clean A/S (CVR number: 38302825) is a company from KØGE. The company recorded a gross profit of 6590.7 kDKK in 2024. The operating profit was -1956.6 kDKK, while net earnings were -2104.2 kDKK. The profitability of the company measured by Return on Assets (ROA) was -18.3 %, which can be considered poor and Return on Equity (ROE) was -43.3 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at -15 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. TG-Clean A/S's liquidity measured by quick ratio was 0.6 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 financials2020 | 2021 | 2022 | 2023 | 2024 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | 9 416.63 | 8 478.54 | 9 634.95 | 8 702.35 | 6 590.66 |
EBIT | 729.40 | 267.69 | 782.31 | 541.84 | -1 956.56 |
Net earnings | 413.39 | 108.50 | 444.64 | -53.93 | -2 104.19 |
Shareholders equity total | -21.57 | 86.93 | 531.57 | 477.64 | -1 626.55 |
Balance sheet total (assets) | 6 447.55 | 9 556.60 | 8 932.96 | 10 524.19 | 9 237.65 |
Net debt | 2 467.82 | 2 934.57 | 642.87 | 3 440.61 | 4 430.31 |
Profitability | |||||
EBIT-% | |||||
ROA | 11.1 % | 3.3 % | 8.5 % | 5.6 % | -18.3 % |
ROE | 6.5 % | 3.3 % | 143.8 % | -10.7 % | -43.3 % |
ROI | 20.7 % | 9.8 % | 37.0 % | 20.0 % | -45.3 % |
Economic value added (EVA) | 332.70 | 89.20 | 336.63 | 323.92 | -2 167.79 |
Solvency | |||||
Equity ratio | -0.3 % | 0.9 % | 6.0 % | 4.5 % | -15.0 % |
Gearing | -11439.4 % | 3375.8 % | 127.6 % | 780.1 % | -272.4 % |
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.5 | 0.6 | 0.6 | 0.9 | 0.6 |
Current ratio | 0.9 | 1.1 | 1.1 | 1.5 | 1.1 |
Cash and cash equivalents | 35.23 | 285.32 | |||
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BB | BB | BB | B |
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