TE Tømrer- og Snedkerforretning ApS — Credit Rating and Financial Key Figures

CVR number: 39152096
Tøndervej 43, 6780 Skærbæk
te@te-byg.dk
tel: 60191601
Tøndervej 43, 6780 Skærbæk

Credit rating

Company information

Official name
TE Tømrer- og Snedkerforretning ApS
Personnel
2 persons
Established
2017
Company form
Private limited company
Industry

About TE Tømrer- og Snedkerforretning ApS

TE Tømrer- og Snedkerforretning ApS (CVR number: 39152096) is a company from TØNDER. The company recorded a gross profit of 543.8 kDKK in 2023. The operating profit was 162.6 kDKK, while net earnings were 95.5 kDKK. The profitability of the company measured by Return on Assets (ROA) was 33.3 %, which can be considered excellent and Return on Equity (ROE) was 129.1 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 26.1 %, a level that can be considered to be low. This means a higher proportion of debt in its capital structure, indicating a greater reliance on borrowed funds. TE Tømrer- og Snedkerforretning ApS's liquidity measured by quick ratio was 1.1 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 profit354.37454.74446.58665.04543.81
EBIT53.0430.13-33.0272.05162.63
Net earnings35.0117.04-27.0242.4395.54
Shareholders equity total-6.2010.85-16.1726.26121.80
Balance sheet total (assets)251.23762.08642.79508.53467.31
Net debt24.66-22.66175.62102.30108.02
Profitability
EBIT-%
ROA21.3 %5.9 %-3.8 %12.3 %33.3 %
ROE15.6 %13.0 %-8.3 %12.7 %129.1 %
ROI229.7 %37.7 %-17.7 %47.2 %90.5 %
Economic value added (EVA)45.1722.45-23.1552.44118.46
Solvency
Equity ratio-2.4 %1.4 %-2.5 %5.2 %26.1 %
Gearing-433.0 %1127.9 %-1088.8 %391.3 %89.1 %
Relative net indebtedness %
Liquidity
Quick ratio0.70.90.80.81.1
Current ratio0.70.90.90.91.2
Cash and cash equivalents2.16144.980.470.460.46
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBBBBBBBBBB

Variable visualization

ROA:33.3%
Rating: 85/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:26.1%
Rating: 23/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

Roles

Chief executive officer

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