TCR DENMARK ApS — Credit Rating and Financial Key Figures

CVR number: 31768209
Vilhelm Lauritzens Alle 1, 2770 Kastrup
harold.delloye@tcr-group.com
tel: 50776830

Credit rating

Company information

Official name
TCR DENMARK ApS
Personnel
43 persons
Established
2008
Company form
Private limited company
Industry
  • Expand more icon303100

About TCR DENMARK ApS

TCR DENMARK ApS (CVR number: 31768209) is a company from TÅRNBY. The company recorded a gross profit of 43.5 mDKK in 2023. The operating profit was 7128.9 kDKK, while net earnings were 6412.8 kDKK. The profitability of the company measured by Return on Assets (ROA) was 21.6 %, which can be considered excellent and Return on Equity (ROE) was 64.2 %, which can be considered excellent. The equity ratio, a key indicator for solidity, stood at 30.7 %, 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. TCR DENMARK ApS's liquidity measured by quick ratio was 1.7 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 sales
Gross profit40 851.2632 021.3033 936.4738 364.0243 457.99
EBIT2 969.045 673.977 378.528 621.047 128.88
Net earnings2 217.614 250.885 523.816 534.116 412.82
Shareholders equity total19 480.6823 731.5629 255.3710 789.479 202.29
Balance sheet total (assets)51 285.9046 509.2662 375.9040 354.4337 498.59
Net debt-24 631.98-24 763.02-31 015.46-15 203.34-4 784.68
Profitability
EBIT-%
ROA6.4 %11.7 %13.6 %18.5 %21.6 %
ROE12.1 %19.7 %20.8 %32.6 %64.2 %
ROI15.3 %23.6 %25.6 %44.8 %83.6 %
Economic value added (EVA)1 989.614 694.405 808.356 807.205 727.07
Solvency
Equity ratio47.2 %61.5 %53.9 %33.0 %30.7 %
Gearing1.0 %0.0 %0.5 %0.6 %
Relative net indebtedness %
Liquidity
Quick ratio2.34.02.92.01.7
Current ratio1.62.32.11.61.5
Cash and cash equivalents24 830.7624 763.5631 015.4615 255.244 836.79
Capital use efficiency
Trade debtors turnover (days)
Net working capital %
Credit risk
Credit ratingAAABBBBBB

Variable visualization

ROA:21.6%
Rating: 76/100
-20%
0%
4%
11%
24%
60%
Graph showing the distribution of the variable
Equity ratio:30.7%
Rating: 27/100
-1%
21%
50%
81%
99%
100%
Graph showing the distribution of the variable

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