TD ENGINEERING ApS — Credit Rating and Financial Key Figures

CVR number: 28299982
Folehavevej 45, 2970 Hørsholm

Company information

Official name
TD ENGINEERING ApS
Established
2004
Company form
Private limited company
Industry

About TD ENGINEERING ApS

TD ENGINEERING ApS (CVR number: 28299982) is a company from HØRSHOLM. The company recorded a gross profit of 188.7 kDKK in 2023. The operating profit was 188.7 kDKK, while net earnings were 147.1 kDKK. The profitability of the company measured by Return on Assets (ROA) was 6.8 %, which can be considered decent but Return on Equity (ROE) was 8 %, which can be considered good. The equity ratio, a key indicator for solidity, stood at 67.8 %, a level that can be considered to be good. This shows that a large part of the company's assets are funded by shareholders' equity, reducing financial risk. TD ENGINEERING ApS's liquidity measured by quick ratio was 3.3 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 sales128.00
Gross profit-22.2963.66-44.34139.09188.66
EBIT-22.2963.66-44.34139.09188.66
Net earnings-17.3949.58-44.58138.56147.11
Shareholders equity total1 616.041 665.621 621.041 759.601 906.72
Balance sheet total (assets)2 582.212 634.842 586.832 736.682 813.99
Net debt923.99886.95931.05813.36771.34
Profitability
EBIT-%49.7 %
ROA-0.9 %2.4 %-1.7 %5.2 %6.8 %
ROE-1.1 %3.0 %-2.7 %8.2 %8.0 %
ROI-0.9 %2.5 %-1.7 %5.3 %6.9 %
Economic value added (EVA)-97.93-30.40- 124.7258.5365.15
Solvency
Equity ratio62.6 %63.2 %62.7 %64.3 %67.8 %
Gearing58.6 %57.2 %58.5 %53.5 %43.3 %
Relative net indebtedness %705.7 %
Liquidity
Quick ratio2.72.72.72.83.3
Current ratio2.72.72.72.83.3
Cash and cash equivalents22.6765.8817.87127.7255.03
Capital use efficiency
Trade debtors turnover (days)
Net working capital %1301.3 %
Credit risk
Credit ratingBBBBBBBBBB

Variable visualization

ROA:6.80%
Rating: 48/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:67.8%
Rating: 51/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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