TJ HOLDING SKAGEN A/S — Credit Rating and Financial Key Figures

CVR number: 20908505
Frejasvej 74, 9990 Skagen
skagensmaleren@mail.tele.dk
tel: 98444299
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Company information

Official name
TJ HOLDING SKAGEN A/S
Established
1998
Company form
Limited company
Industry

About TJ HOLDING SKAGEN A/S

TJ HOLDING SKAGEN A/S (CVR number: 20908505) is a company from FREDERIKSHAVN. The company recorded a gross profit of -16.8 kDKK in 2017. The operating profit was -16.8 kDKK, while net earnings were 34.9 kDKK. The profitability of the company measured by Return on Assets (ROA) was 2.9 %, which can be considered weak and Return on Equity (ROE) was 2.4 %, which can be considered weak. The equity ratio, a key indicator for solidity, stood at 94 %, a level that can be considered to be very good, which means that the majority of assets are financed by equity. TJ HOLDING SKAGEN A/S's liquidity measured by quick ratio was 16.6 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
2016
2017
Volume
Net sales
Gross profit-22.47-16.77
EBIT-22.47-16.77
Net earnings35.3434.85
Shareholders equity total1 510.971 442.42
Balance sheet total (assets)1 604.021 535.03
Net debt-1 590.97-1 524.73
Profitability
EBIT-%
ROA2.8 %2.9 %
ROE2.3 %2.4 %
ROI3.0 %3.0 %
Economic value added (EVA)-17.54-9.06
Solvency
Equity ratio94.2 %94.0 %
Gearing
Relative net indebtedness %
Liquidity
Quick ratio17.216.6
Current ratio17.216.6
Cash and cash equivalents1 590.971 524.73
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBB

Variable visualization

ROA:2.85%
Rating: 34/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:94.0%
Rating: 75/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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