TF AUTO HANDEL ApS — Credit Rating and Financial Key Figures
Credit rating
Company information
About TF AUTO HANDEL ApS
TF AUTO HANDEL ApS (CVR number: 36391480) is a company from DRAGØR. The company recorded a gross profit of 297.9 kDKK in 2022. The operating profit was -21.3 kDKK, while net earnings were -50.6 kDKK. The profitability of the company measured by Return on Assets (ROA) was -3.9 %, which can be considered poor and Return on Equity (ROE) was -16.9 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 52.3 %, 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. TF AUTO HANDEL ApS's liquidity measured by quick ratio was 2.1 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 financialsGross profit (kDKK)
EBIT (kDKK)
Profitability
Solidity
Key figures (kDKK)
See financials2018 | 2019 | 2020 | 2021 | 2022 | |
---|---|---|---|---|---|
Volume | |||||
Net sales | |||||
Gross profit | -27.97 | 497.50 | 715.81 | 194.31 | 297.92 |
EBIT | - 320.56 | 114.70 | 317.36 | 186.20 | -21.31 |
Net earnings | - 327.40 | 18.13 | 194.48 | 62.22 | -50.63 |
Shareholders equity total | 49.36 | 67.49 | 261.97 | 324.18 | 273.56 |
Balance sheet total (assets) | 2 108.69 | 1 849.79 | 755.40 | 565.79 | 522.96 |
Net debt | 1 545.12 | 763.91 | - 339.82 | - 468.54 | - 411.89 |
Profitability | |||||
EBIT-% | |||||
ROA | -14.3 % | 5.8 % | 24.4 % | 29.8 % | -3.9 % |
ROE | -28.6 % | 31.0 % | 118.1 % | 21.2 % | -16.9 % |
ROI | -19.3 % | 7.5 % | 38.4 % | 67.2 % | -7.1 % |
Economic value added (EVA) | - 236.53 | 89.22 | 269.78 | 153.98 | -8.74 |
Solvency | |||||
Equity ratio | 2.3 % | 3.6 % | 34.7 % | 57.3 % | 52.3 % |
Gearing | 3251.5 % | 1963.4 % | |||
Relative net indebtedness % | |||||
Liquidity | |||||
Quick ratio | 0.1 | 0.4 | 1.0 | 2.3 | 2.1 |
Current ratio | 1.0 | 0.8 | 1.4 | 2.3 | 2.1 |
Cash and cash equivalents | 59.88 | 561.09 | 339.82 | 468.54 | 411.89 |
Capital use efficiency | |||||
Trade debtors turnover (days) | |||||
Net working capital % | |||||
Credit risk | |||||
Credit rating | BB | BBB | BB | BB | BB |
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