TRANSEUROPE CARGO SERVICES A/S — Credit Rating and Financial Key Figures

CVR number: 78422718
Sindalsvej 8, 8240 Risskov

Company information

Official name
TRANSEUROPE CARGO SERVICES A/S
Established
1985
Company form
Limited company
Industry

About TRANSEUROPE CARGO SERVICES A/S

TRANSEUROPE CARGO SERVICES A/S (CVR number: 78422718) is a company from AARHUS. The company recorded a gross profit of 0 kDKK in 2018. The operating profit was 0 kDKK, while net earnings were 0 kDKK. The profitability of the company measured by Return on Assets (ROA) was 0 %, which can be considered poor and Return on Equity (ROE) was 0 %, which can be considered poor. The equity ratio, a key indicator for solidity, stood at 0 %. This indicates that the company's debt surpasses the value of its total assets, posing significant financial risk. TRANSEUROPE CARGO SERVICES A/S's liquidity measured by quick ratio was 0 which is at a very low level. Thus, the company is in an unstable financial position, with its liquid assets significantly undermatching its current liabilities. This severe liquidity deficiency may lead to financial distress and threaten the company's operational continuity.

Financial information

See financials

Gross profit (kDKK)

EBIT (kDKK)

Profitability

Solidity

Key figures (kDKK)

See financials
2016
2017
2018
Volume
Net sales
Gross profit41.901 993.84
EBIT41.901 993.84
Net earnings9.081 546.53
Shareholders equity total1 612.713 159.24
Balance sheet total (assets)4 587.867 871.65
Net debt2 664.862 915.12
Profitability
EBIT-%
ROA0.9 %32.0 %
ROE0.6 %64.8 %
ROI0.9 %37.2 %
Economic value added (EVA)32.691 502.25- 153.02
Solvency
Equity ratio35.2 %40.1 %
Gearing181.7 %95.9 %
Relative net indebtedness %
Liquidity
Quick ratio0.11.4
Current ratio0.11.4
Cash and cash equivalents264.76114.08
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingBBBA

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